tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Art Financial Confirms Independence of Newly Appointed INED Lu Qinglu

Story Highlights
  • China Art Financial confirmed new INED Lu Qinglu meets all Hong Kong independence criteria.
  • The board’s composition is unchanged otherwise, reinforcing regulatory compliance and governance transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Art Financial Confirms Independence of Newly Appointed INED Lu Qinglu

Claim 50% Off TipRanks Premium

China Art Financial Holdings Ltd ( (HK:1572) ) just unveiled an update.

China Art Financial Holdings Limited has issued a supplemental announcement confirming the independence of its newly appointed independent non-executive director, Mr. Lu Qinglu. The company stated that Mr. Lu has affirmed he meets all independence criteria under the Hong Kong Listing Rules, has no financial or other interests in the company or its subsidiaries, and has no connections with any core connected persons, with the board likewise confirming his compliance. The board composition remains otherwise unchanged, and the announcement clarifies that all other information from the earlier director-appointment announcement continues to apply, underscoring the company’s effort to reinforce transparency and regulatory compliance in its corporate governance arrangements.

The most recent analyst rating on (HK:1572) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on China Art Financial Holdings Ltd stock, see the HK:1572 Stock Forecast page.

More about China Art Financial Holdings Ltd

China Art Financial Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the financial services sector with a focus on art-related finance and investment services in China. The company is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical Hong Kong-listed corporate governance structure.

Average Trading Volume: 792,466

Technical Sentiment Signal: Hold

Current Market Cap: HK$170.7M

Learn more about 1572 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1