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Central China Securities Formalizes Board Risk Control Committee Mandate to Strengthen Governance

Story Highlights
  • Central China Securities issued detailed rules for its Board Risk Control Committee to reinforce enterprise-wide risk and compliance oversight.
  • The committee will set risk appetite, assess major decision risks, oversee AML and compliance systems, and enhance training for directors and executives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central China Securities Formalizes Board Risk Control Committee Mandate to Strengthen Governance

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Central China Securities Co., Ltd. Class H ( (HK:1375) ) just unveiled an announcement.

Central China Securities has established detailed work regulations for its Board-level Risk Control Committee to strengthen corporate governance and enhance its ability to manage, prevent and address operational and compliance risks across the group. The committee, composed of at least three directors and supported administratively by the firm’s risk management department, is tasked with overseeing overall risk and compliance frameworks, setting and reviewing risk appetite, tolerance and major risk limits, evaluating the risk of significant Board-level decisions, and monitoring effectiveness of compliance, anti-money laundering and risk assessment systems, including training for directors and senior management. These measures formalize and centralize risk oversight, aiming to improve regulatory compliance and internal controls, which is expected to reinforce the firm’s risk governance structure and potentially bolster stakeholder confidence in its risk management practices.

The most recent analyst rating on (HK:1375) stock is a Hold with a HK$2.50 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. is a Chinese securities firm incorporated in Henan Province and listed in both Shanghai and Hong Kong, providing investment banking, brokerage, trading and related financial services under the Chinese name “中原证券股份有限公司” and operating in Hong Kong as “中州证券.” The company serves capital markets clients domestically and offshore, and is subject to regulatory frameworks in mainland China and Hong Kong, including the Hong Kong Listing Rules.

Average Trading Volume: 13,218,822

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.47B

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