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Central China Securities Announces Director Resignation and Board Committee Reshuffle

Story Highlights
  • Independent non-executive director Tsang Sung resigned from Central China Securities’ board and committees without dispute.
  • The company restructured its audit, remuneration, and risk control committees, reinforcing governance oversight responsibilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central China Securities Announces Director Resignation and Board Committee Reshuffle

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The latest update is out from Central China Securities Co., Ltd. Class H ( (HK:1375) ).

Central China Securities has announced the resignation of independent non-executive director Tsang Sung, who stepped down from the board and its special committees due to work arrangements, with both the company and Tsang emphasizing that the departure involves no disagreement and will not affect normal operations. Concurrently, the board has reshuffled the membership of its Strategy and Sustainability, Audit, Remuneration and Nomination, and Risk Control committees, appointing several independent non-executive directors to key oversight roles, a move that signals continued attention to corporate governance and risk management as the firm enters a new phase of board composition.

The most recent analyst rating on (HK:1375) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Central China Securities Co., Ltd. Class H stock, see the HK:1375 Stock Forecast page.

More about Central China Securities Co., Ltd. Class H

Central China Securities Co., Ltd., incorporated in Henan Province and listed in Hong Kong, operates as a securities firm offering brokerage, investment banking, and related financial services, with a focus on the capital markets of mainland China. The company is governed by a board that includes both executive and independent non-executive directors overseeing its strategic, audit, remuneration, and risk control functions.

Average Trading Volume: 12,949,602

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.2B

For an in-depth examination of 1375 stock, go to TipRanks’ Overview page.

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