China CITIC Financial Asset Management Updates Audit Committee Terms of Reference

The latest announcement is out from China Huarong Asset Management Co., Ltd. Class H ( (HK:2799) ).

China CITIC Financial Asset Management Co., Ltd., a PRC-incorporated joint stock financial asset manager listed in Hong Kong, focuses on managing financial and distressed assets within China’s broader financial services industry. The company has issued updated terms of reference for its board Audit Committee, setting out detailed provisions on its composition, duties and authorities, work procedures, procedural rules, and mechanisms for coordination and communication, a move that formalises and strengthens its governance and oversight framework in areas such as financial reporting and internal control, with implications for improved transparency and risk management for regulators, investors and other stakeholders.

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, operating within China’s financial services and asset management sector.

Average Trading Volume: 71,236,862

Technical Sentiment Signal: Hold

Current Market Cap: HK$68.21B

Find detailed analytics on 2799 stock on TipRanks’ Stock Analysis page.