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Affluent Foundation Overhauls Board with CEO Exit and New Director Appointments

Story Highlights
  • Affluent Foundation saw six directors, including its CEO, resign simultaneously on 15 January 2026.
  • The company moved to stabilise governance by appointing one non-executive and three independent non-executive directors with diverse experience.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Affluent Foundation Overhauls Board with CEO Exit and New Director Appointments

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Affluent Foundation Holdings Ltd. ( (HK:1757) ) has provided an announcement.

Affluent Foundation Holdings Ltd. has announced a sweeping boardroom reshuffle effective 15 January 2026, with the resignation of six directors including chief executive officer and executive director Mr. Chan Siu Cheong, two other executive directors, and three independent non-executive directors, all citing the need to devote more time to other business engagements and confirming no disagreements with the board. To fill the governance gap, the company has appointed Ms. Zhang Zhang as a non-executive director and three new independent non-executive directors—Ms. Cheng Shing Yan, Mr. Tsoi Chi Hei and Ms. Zhou Wencan—bringing in experience spanning media, entertainment, finance and corporate governance, a move that signals an attempt to stabilise leadership and strengthen oversight after a large-scale turnover in its board and key committees.

The most recent analyst rating on (HK:1757) stock is a Hold with a HK$6.50 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 Ltd. is a Hong Kong-listed company incorporated in the Cayman Islands, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 1757. The announcement focuses on changes in its board and key corporate governance roles rather than detailing its operating business, products or specific industry segment.

Average Trading Volume: 3,517,945

Technical Sentiment Signal: Buy

Current Market Cap: HK$8.33B

For a thorough assessment of 1757 stock, go to TipRanks’ Stock Analysis page.

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