09930 HORIZON CD
- 1.340
- -0.040-2.90%
HORIZON CD News
Horizon Construction Development Insiders Placed Bullish Bets Worth CN¥6.03m
Horizon CD (09930.HK) achieved year-on-year revenue growth in the first three quarters, with the number of global business outlets increasing to 563.
On October 21, 2024, Horizon CD (09930.HK) announced that since 2024, the group has adhered to a prudent development strategy, continuously consolidated its leading position in the domestic market, and accelerated the layout of overseas market business. During the nine-month period ending on September 30, 2024, the group's unaudited revenue achieved a year-on-year growth compared to the same period last year. As of the end of this review period, the group's global business network has increased to 563, with a platform management scale of over 214,800 units. The group continues to increase the expansion speed of overseas business, and by the end of this review period, it has already expanded to Southeast Asia, the Middle East, and 7 other regions.
Is Horizon Construction Development (HKG:9930) Using Too Much Debt?
Hongxin Jianfa (09930.HK) appointed Yuan Shaozhen as a non-executive director.
On September 12th, Guolonghui announced that Li Qianjin resigned from the position of non-executive director due to work arrangements, effective from September 12th, 2024. After resigning, Li Qianjin will no longer hold any position in the company. Furthermore, the board of directors announced that on September 12th, 2024, Yuan Shaozhen was appointed as a non-executive director, effective from September 12th, 2024.
HORIZON CD: 2024 INTERIM REPORT
Slowing Rates Of Return At Horizon Construction Development (HKG:9930) Leave Little Room For Excitement
Guosen Securities: Maintain a "shareholding" rating on FE Horizon with a target price of 11.96 Hong Kong dollars.
Guosen Securities released a research report stating that it maintains a "shareholding" rating for FE Horizon (03360), considering the negative impact of equity market volatility on investment income. The EPS forecast for 2024-2026 is lowered to RMB 1.22/1.40/1.76 respectively, while the target price remains at HKD 11.96. The company achieved a revenue of RMB 18.036 billion in the first half of 2024, a year-on-year decrease of 1.77%, and a net income attributable to shareholders of RMB 2.085 billion, a year-on-year decrease of 32.10%. The company implemented a mid-term dividend of HKD 0.25 per share, with a cash dividend rate of 47%. Guosen Securities' main viewpoint.
Brokerage Focus: Guosen Securities maintains a 'buy' rating on Country Garden Services (09930). If it returns to the Hong Kong Stock Connect in the future, there will be a considerable room for valuation recovery.
According to Guosheng Securities' research report, Hongxin Jianfa (09930) achieved a revenue of 4.87 billion yuan in H1 2024, a YoY increase of 16%, and a net income of 0.27 billion yuan, a YoY increase of 13%. The steady growth of revenue and profit meets expectations. The company's operation in rental & leasing services/engineering technical services/asset management and other realized revenue of 1.9/1.95/1.03 billion yuan, with a YoY change of -24%/+71%/+84%. The business income of the leasing operation has declined slightly. It is expected that the weak domestic demand and the downward pressure on rental prices for equipment such as aerial vehicles and formwork are the main reasons. Under this circumstance...
Hong Kong stocks surge | Hangxin Jianfa (09930) rose more than 11%, with a year-on-year increase of over 13% in net profit in the first half of the year. The interim dividend is HK$0.05 per share.
Hengxin Jianfa (09930) rose more than 11%. As of press time, it has risen by 11.49% to HKD 1.65, with a turnover of HKD 1.5104 million.
Mainland real estate stocks rose across the board in early trading. Shenzhen has issued requirements for the collection of existing housing, and the acquisition of existing housing may accelerate significantly after September.
On August 9th, mainland real estate stocks rose in early trading. As of press time, Shimao Group (00813.HK) rose 12.86% to HKD 0.79; Sino-Ocean Group (03377.HK) rose 7.58% to HKD 0.355; China Vanke (02202.HK) rose 6.08% to HKD 4.36; Sunac (01918.HK) rose 4.81% to HKD 1.09; R&F Properties (02777.HK) rose 5.19% to HKD 0.81. Quotation source: Futubull. On the news front...
Horizon Construction's H1 Profit Rises 13%
Hong Kong Stock Market Movement: HONGXINGJIANFA (09930) rose nearly 5% in the afternoon, with a year-on-year increase of over 13% in net profit in the first half of the year. The group actively lays out overseas markets.
Hengxin Jianfa (09930) rose nearly 5% in the afternoon. At the time of publication, it increased by 4.23%, at HKD 1.48, with a turnover of HKD 1.1786 million.
Hongxin Jianfa (09930) will distribute a mid-term dividend of 5 Hong Kong cents per share on October 31.
Henderson Land Development (09930) announced that it will distribute a mid-term dividend of 5 Hong Kong cents per share on October 31, 2024.
Hongan Jianfa (09930) announced its interim results, with a net profit of approximately 0.268 billion yuan, an increase of 13.11% year-on-year.
China Harmony Construction and Development Limited (09930) announced its mid-term performance in 2024, with a total income of approximately 4.872 billion yuan, a year-on-year growth of 1...
Express News | Horizon Construction Development - Hy Profit Attributable RMB268.2 Mln Vs RMB237.1 Mln
Express News | Horizon Construction Development - Approved Declaration of Interim Dividend of HK$0.05 per Share
HORIZON CD: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
CICC: State-owned enterprises will still be a relatively stable choice in the construction industry in the second half of the year. It is recommended to grasp three investment strategies.
With the acceleration of fiscal expenditure progress in the second half of the year and the support of special bonds and special debts, the growth rate of infrastructure may moderately increase compared to 2Q24, and the strong performance of the manufacturing industry in 1H24 is expected to continue into the second half of the year, continuing to support steady economic growth.
Citic Sec: Equipment update policy is implemented, equipment investment in related fields is expected to accelerate.
For equipment updates and the scrapping and updating of old operational ships, the National Development and Reform Commission will take the lead in arranging approximately 148 billion yuan of ultra-long-term special national bonds to implement support policies for large-scale equipment updates.
Horizon Construction Grants 8.4 Million Shares to CEO Under Award Scheme
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