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China Development Bank Financial Leasing Updates Audit Committee Terms

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China Development Bank Financial Leasing Updates Audit Committee Terms

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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) just unveiled an announcement.

China Development Bank Financial Leasing Co., Ltd. has updated the terms of reference for its Audit Committee, which were approved by the board of directors and will be effective upon regulatory approval. The committee is tasked with overseeing the company’s financial operations, internal controls, and audits, ensuring compliance with relevant laws and regulations. This move is aimed at enhancing corporate governance and ensuring robust financial oversight, which could strengthen the company’s operational integrity and stakeholder confidence.

The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.

More about China Development Bank Financial Leasing Co Ltd Class H

China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, focusing on providing leasing services primarily in China. The company is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.

Average Trading Volume: 5,391,977

Technical Sentiment Signal: Buy

Current Market Cap: HK$21.11B

For detailed information about 1606 stock, go to TipRanks’ Stock Analysis page.

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