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The latest update is out from Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ).
Chengdu Expressway Co., Ltd. has formalised the terms of reference for its Audit and Risk Management Committee, a specialised body under the board of directors tasked with strengthening corporate governance and safeguarding the interests of the company and its shareholders in line with PRC company law, Hong Kong listing rules and the company’s articles of association. The committee, composed mainly of independent non-executive directors with requisite accounting and financial expertise, is responsible for overseeing external auditor appointments, supervising internal audit policies, reviewing financial disclosures, and managing the company’s risk control framework for major decisions and events, signalling a more structured approach to audit oversight and risk management that may enhance transparency and regulatory compliance for investors and other stakeholders.
The most recent analyst rating on (HK:1785) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Chengdu Expressway Co., Ltd. Class H stock, see the HK:1785 Stock Forecast page.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong that operates in the expressway and related infrastructure sector, focusing on the construction, operation and management of toll roads and associated transportation services in and around Chengdu.
Average Trading Volume: 1,252,903
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.49B
For an in-depth examination of 1785 stock, go to TipRanks’ Overview page.