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An update from Affluent Foundation Holdings Ltd. ( (HK:1757) ) is now available.
Affluent Foundation Holdings Limited has appointed Mr. Zhou Zhenlin as an executive director, effective 7 January 2026, reflecting a move to bring in leadership with over two decades of management experience in skincare products, beauty instruments, health and wellness consulting, digital technology services and information consulting. Zhou, who is also the controlling shareholder with an interest of about 75.37% of the company’s shares and currently chairs another Hong Kong-listed firm, China Wacan Group Company Limited, will receive a monthly director’s fee of HK$10,000 under a two-year service contract that renews automatically and is subject to standard rotation and re-election rules. In tandem with his appointment, Zhou will assume the role of chairman of the board on the same date, succeeding executive director Mr. Chan Siu Cheong, who will step down as chairman but remain on the board, signaling a significant shift in board leadership and consolidating strategic control under Zhou while maintaining continuity at the executive director level.
The most recent analyst rating on (HK:1757) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Affluent Foundation Holdings Ltd. stock, see the HK:1757 Stock Forecast page.
More about Affluent Foundation Holdings Ltd.
Affluent Foundation Holdings Limited is a company listed on the Hong Kong Stock Exchange, incorporated in the Cayman Islands with limited liability. While the announcement does not spell out its operating sector or core products, it positions the company within the broader Hong Kong-listed corporate landscape, where governance changes and board composition are closely watched by investors and regulators.
Average Trading Volume: 3,275,211
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.91B
For a thorough assessment of 1757 stock, go to TipRanks’ Stock Analysis page.