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Sino Harbour Chairman Increases Stake With HK$0.088 On-Market Share Purchase

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Sino Harbour Chairman Increases Stake With HK$0.088 On-Market Share Purchase

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The latest update is out from Sino Harbour Holdings Group Limited ( (HK:1663) ).

Sino Harbour Holdings Group Limited announced that its chairman, chief executive officer and substantial shareholder, Wong Lam Ping, has increased his stake in the company through on-market purchases. He bought a total of 4,262,000 ordinary shares at an average price of about HK$0.088 per share on 10 March 2026, signaling continued commitment from the controlling shareholder.

The transaction, conducted in the open market, may be interpreted by investors as a vote of confidence in the company’s prospects and valuation, although the board cautioned shareholders and potential investors to exercise care when dealing in the company’s securities. The move slightly raises the concentration of ownership within the Wong family, which already holds key executive and substantial shareholder positions in the group.

The most recent analyst rating on (HK:1663) stock is a Buy with a HK$0.10 price target. To see the full list of analyst forecasts on Sino Harbour Holdings Group Limited stock, see the HK:1663 Stock Forecast page.

More about Sino Harbour Holdings Group Limited

Sino Harbour Holdings Group Limited is a Hong Kong-listed company incorporated in Bermuda, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 1663. The company is led by Chairman and Chief Executive Officer Wong Lam Ping and has a board comprising executive, non-executive and independent non-executive directors, reflecting typical governance for a mid-cap Hong Kong issuer.

Average Trading Volume: 3,091,960

Technical Sentiment Signal: Hold

Current Market Cap: HK$219.3M

Learn more about 1663 stock on TipRanks’ Stock Analysis page.

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