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China CITIC Financial Asset Management Defines Roles of Board Nomination and Remuneration Committee

Story Highlights
  • China CITIC Financial Asset Management has issued detailed terms of reference for its Board Nomination and Remuneration Committee.
  • The new framework clarifies committee powers and procedures, strengthening governance of director selection and pay decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China CITIC Financial Asset Management Defines Roles of Board Nomination and Remuneration Committee

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An announcement from China Huarong Asset Management Co., Ltd. Class H ( (HK:2799) ) is now available.

China CITIC Financial Asset Management Co., Ltd. has formally set out the terms of reference for its Board’s Nomination and Remuneration Committee, detailing its composition, powers, working procedures, coordination mechanisms and supplementary provisions. The move standardizes the governance framework for director nomination and remuneration decisions, aiming to strengthen board oversight, clarify responsibilities, and enhance transparency and regulatory compliance in the company’s corporate governance structure, with implications for how senior leadership is selected, evaluated and compensated.

The most recent analyst rating on (HK:2799) stock is a Hold with a HK$0.84 price target. To see the full list of analyst forecasts on China Huarong Asset Management Co., Ltd. Class H stock, see the HK:2799 Stock Forecast page.

More about China Huarong Asset Management Co., Ltd. Class H

China CITIC Financial Asset Management Co., Ltd. is a financial asset management company incorporated as a joint stock limited liability company in the People’s Republic of China and listed in Hong Kong under stock code 2799. The firm operates within China’s financial services sector, focusing on asset management and related financial solutions under the CITIC brand, serving institutional and corporate clients in the domestic market.

Average Trading Volume: 71,236,862

Technical Sentiment Signal: Hold

Current Market Cap: HK$68.21B

See more insights into 2799 stock on TipRanks’ Stock Analysis page.

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