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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 obtained approval from the National Financial Regulatory Administration for amendments to its Articles of Association, triggering the formal dissolution of its Board of Supervisors and the simultaneous implementation of updated terms of reference for its Audit Committee and Nomination and Remuneration Committee. With the governance changes now effective, the company has abolished documents related to the former supervisory board, confirmed the cessation of duties of four supervisors, and emphasized that there are no outstanding disputes or issues requiring shareholder or creditor attention, signaling a shift toward a board committee–centric corporate governance structure that aligns with evolving regulatory expectations.
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 PRC-incorporated financial asset management company listed in Hong Kong that operates in the financial services industry, focusing on managing financial assets and providing related asset management services to institutional and other clients in mainland China and the broader regional 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.