Alibaba Group Holding Ltd. (HK:9988) has released an update.
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Alibaba Group Holding Ltd. has refined its corporate governance, focusing on board member selection, advising on governance principles, and overseeing board and management evaluations. The committee responsible is composed of two or more ‘independent’ board members, as defined by relevant NYSE and Hong Kong Listing Rules, with the power to delegate to subcommittees as needed.
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