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The latest update is out from China Cinda Asset Management Co ( (HK:1359) ).
China Cinda Asset Management Co., Ltd. has announced the current composition of its board of directors and the allocation of roles across five key board committees. The board is led by Executive Director and Chairman Zhang Weidong, alongside President Song Weigang and Vice President Zhao Limin, supported by non-executive and independent non-executive directors whose appointments span strategic development, audit, risk management, nomination and remuneration, and connected transaction control committees. This updated governance structure underlines the company’s emphasis on oversight in risk, compliance, and strategic planning, which is particularly important for an asset manager operating in China’s regulated financial sector and signals sustained attention to board independence and internal control to stakeholders.
The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.
More about China Cinda Asset Management Co
China Cinda Asset Management Co., Ltd. is a PRC-incorporated joint stock company primarily engaged in asset management and distressed asset resolution, operating within China’s financial services sector. The company focuses on managing non-performing assets and providing related financial and investment services, playing a significant role in the domestic market for distressed and special-situation assets.
YTD Price Performance: 2.34%
Average Trading Volume: 117,656,024
Technical Sentiment Signal: Buy
Current Market Cap: HK$50B
See more insights into 1359 stock on TipRanks’ Stock Analysis page.