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BAIC Motor ( (HK:1958) ) just unveiled an update.
BAIC Motor Corporation Limited has announced proposed amendments to its Articles of Association and the rules of procedures for shareholders’ meetings and the Board. These changes aim to enhance corporate governance and compliance, aligning with the latest guidelines and the company’s operational needs. Notably, the Board of Supervisors will be dissolved, with its responsibilities transferred to the audit committee, pending shareholder approval.
The most recent analyst rating on (HK:1958) stock is a Sell with a HK$1.90 price target. To see the full list of analyst forecasts on BAIC Motor stock, see the HK:1958 Stock Forecast page.
More about BAIC Motor
BAIC Motor Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the automotive industry. It is listed on the Stock Exchange of Hong Kong Limited and focuses on manufacturing and selling vehicles, with a strong emphasis on corporate governance and compliance operations.
Average Trading Volume: 17,713,160
Technical Sentiment Signal: Sell
Current Market Cap: HK$15.23B
For a thorough assessment of 1958 stock, go to TipRanks’ Stock Analysis page.