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China Communications Services Proposes Governance Amendments

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China Communications Services Proposes Governance Amendments

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The latest update is out from China Communications Services ( (HK:0552) ).

China Communications Services Corporation Limited has announced proposed amendments to its Articles of Association and the abolishment of its supervisory committee, replacing it with an audit committee. These changes are in response to recent regulatory updates in the PRC Company Law and guidelines from the China Securities Regulatory Commission, aiming to ensure compliance and improve governance structures. The amendments will be subject to approval at an extraordinary general meeting, with further details to be provided to shareholders.

The most recent analyst rating on (HK:0552) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on China Communications Services stock, see the HK:0552 Stock Forecast page.

More about China Communications Services

China Communications Services Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the communications industry, providing a range of services and products related to telecommunications and information technology. The company is listed on the Hong Kong Stock Exchange, focusing on expanding its market presence and adapting to regulatory changes.

Average Trading Volume: 8,514,684

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$33.31B

For detailed information about 0552 stock, go to TipRanks’ Stock Analysis page.

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