HORIZON CD News

【Brokerage Focus】Tianfeng maintains a "Buy" rating on HORIZON CD (09930), expecting the acquisition of Dongqing's shares to yield significant synergies.

Jingwu Financial News | Tianfeng released a Research Report indicating that HORIZON CD (09930) officially signed a stock acquisition agreement with Dongqing (TH Tong Heng Machinery), the largest comprehensive equipment leasing company in Malaysia. The first phase of this acquisition will acquire 80% of Dongqing's equity and fully integrate with HORIZON CD's Malaysia business, which is expected to generate significant synergies. The remaining 20% of equity will be priced based on future long-term operating performance. The bank believes that the company is a top-tier one-stop equipment leasing supplier in Malaysia, with over 1,000 wide and stable clients, a low degree of client concentration, and clients.

Jingu Financial NewsMay 13 01:36 ET

Horizon Construction Development Unit to Acquire 80 Stake in Machinery Company

MT NewswiresMay 8 08:00 ET

HORIZON CD (09930.HK) plans to take control of a leading Malaysian Machinery rental company and set up Options to secure future control.

Gelonghui reported on May 8 that HORIZON CD (09930.HK) announced that on May 8, 2025, the buyer (a wholly-owned subsidiary of the company) entered into a share subscription agreement with the seller (Mr. Chan and Ms. How, both Malaysian residents), according to which the buyer conditionally agrees to purchase and the sellers conditionally agree to sell shares (which together account for 80% of the total issued share capital of the target company), with a cash consideration (subject to adjustments) indicating a total amount of 0.176 billion ringgit (approximately 0.299 billion yuan). Upon completion of the transactions intended under the share subscription agreement, the target group (i.e. the target...

Gelonghui FinanceMay 8 05:11 ET

HORIZON CD (09930) plans to invest 0.176 billion ringgit to acquire 80% equity of TH Tong Heng to strategically layout in the Southeast Asian market and secure full control.

HORIZON CD (09930) announced that on May 8, 2025, the buyer Horizon Cons...

Zhitong FinanceMay 8 05:08 ET

Express News | Horizon Construction Development - Unit to Buy 79% Stake of TH Tong Heng Machinery, Others, for 176 Mln RGT

ReutersMay 8 05:02 ET

Hong Kong stocks movement | HORIZON CD (09930) is up nearly 7%, with overall revenue in the first quarter showing year-on-year growth and overseas business revenue significantly increasing year-on-year.

HORIZON CD (09930) is currently up nearly 7%, as of the time of writing, it has risen by 6.8%, priced at 1.11 Hong Kong dollars, with a transaction amount of 1.4558 million Hong Kong dollars.

Zhitong FinanceApr 24 02:33 ET

Horizon Construction Development Forecasts Narrower Loss in Q1

MT NewswiresApr 15 07:12 ET

HORIZON CD (09930.HK) maintained revenue growth in the first quarter compared to the same period last year, with the number of overseas outlets increasing to 59.

On April 14, Gelonghui reported that HORIZON CD (09930.HK) issued an announcement for the first quarter of 2025. As industries in China gradually resumed work after the Spring Festival, the rental rate of the group's main categories of equipment continued to rise (with the rental rate of aerial work platforms at approximately 78% by the end of the season). The overall revenue for the first quarter maintained growth compared to the same period last year, with overseas business revenue significantly increasing compared to last year, accounting for over 15% of total revenue. At the same time, the group's business is usually relatively quiet before and after the Spring Festival, resulting in a seasonal loss attributable to ordinary Shareholders in the first quarter, but the

Gelonghui FinanceApr 14 06:16 ET

Guotai Junan: Excavator growth of 18.5% in March, with significant improvements in working hours and utilization rate.

Overall, in 2025, the Construction Machinery Industry faces both opportunities and challenges, with opportunities outweighing risks.

Zhitong FinanceApr 13 21:15 ET

Hong Kong Stock Concept Tracking | In January and February, excavator exports surged year-on-year, Institutions are Bullish on the domestic Construction Machinery exceeding expectations recovery (including Concept stocks).

CME predicts that domestic excavator sales will increase by 22% year-on-year in March.

Zhitong FinanceMar 30 22:11 ET

HORIZON CD: Annual Report 2024

HKEXMar 20 04:30 ET · Announcements

Brokerage morning meeting highlights: The effect of the real estate market stabilizing after the decline may gradually become apparent, and the Industry valuation may rise.

At today's Brokerage morning meeting, HTSC proposed that the enhancement of Technology attributes may elevate the valuation levels of symbols related to the gaming Industry; Soochow believes that the short-term adjustment in the Construction Machinery Sector does not change the positive trend for the entire year; Galaxy Securities stated that the effects of the real estate market stabilizing may gradually become apparent, and the Industry valuation may rise.

cls.cnMar 18 20:24 ET

Brokerage morning meeting highlights: There is still significant room for improvement in China Consumer, with service consumption having more space than Commodity consumption.

At today's Brokerage morning meeting, Tianfeng stated that Hong Kong stocks still have appeal for mainland investors from a configuration perspective; China Securities Co.,Ltd. predicted that the growth momentum of construction machinery domestic sales is expected to continue in March; China International Capital Corporation believes that there is still significant room for improvement in Consumer spending, and the space for service consumption is greater than that for Commodity consumption.

cls.cnMar 12 20:25 ET

Horizon Construction Development Limited Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next

Simply Wall StMar 8 19:23 ET

Horizon Construction Development's 2024 Profit Slides 7%

MT NewswiresMar 6 01:00 ET

HORIZON CD (09930) announced its annual performance, with Shareholder's attributable profit of 0.896 billion yuan, a year-on-year decrease of 6.87%.

HORIZON CD (09930) announced its annual performance for the year ending December 31, 2024, with the group achieving revenue...

Zhitong FinanceMar 5 23:09 ET

HORIZON CD (09930.HK) reported a revenue increase of 21% for the fiscal year 2024, reaching 11.58 billion yuan, with a final dividend of 0.045 HKD per share.

On March 6, Gelonghui reported that HORIZON CD (09930.HK) announced its annual results for the year ending December 31, 2024. The group achieved revenue of approximately RMB 11.58 billion, a year-on-year increase of around 21%. The profit attributable to ordinary shareholders for the year was approximately RMB 0.9 billion, a slight decrease of about 7% compared to the previous year. The average return on total assets and average return on net assets were 2.6% and 8.1% respectively. A final dividend of HKD 0.045 per share is proposed. Under the guidance of the company's Global Strategy, the group promotes aerial work platforms, new support systems, new formwork systems, and road equipment, among others.

Gelonghui FinanceMar 5 23:06 ET

Express News | Horizon Construction Development - Recommends Declaration of Final Dividend of HK$0.045 per Share

ReutersMar 5 23:03 ET

Express News | Horizon Construction Development - FY Total Revenue of RMB11.58 Bln

ReutersMar 5 23:02 ET

HORIZON CD: ANNUAL RESULTS ANNOUNCEMENT FORTHE YEAR ENDED 31 DECEMBER 2024

HKEXMar 5 23:00 ET · Announcements