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An update from China Dongxiang (Group) Co ( (HK:3818) ) is now available.
China Dongxiang announced that independent non-executive director Liu Xiaosong will resign from the board and step down from his roles as chairman of the remuneration committee and member of both the audit and nomination committees with effect from 31 December 2025, citing the need to devote more time to personal commitments; the board noted there is no disagreement with Liu and thanked him for his contributions. His departure leaves the company temporarily non-compliant with several Hong Kong Listing Rules governing the minimum number and composition of independent non-executive directors and key board committees, and the company said it is actively seeking a suitable new independent director to restore full compliance within three months, with further announcements to follow upon appointment.
The most recent analyst rating on (HK:3818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Dongxiang (Group) Co stock, see the HK:3818 Stock Forecast page.
More about China Dongxiang (Group) Co
China Dongxiang (Group) Co., Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates as a public company in the consumer and retail sector, with its shares traded under stock code 3818. The company is governed by a board comprising executive and independent non-executive directors, supported by audit, remuneration and nomination committees in line with Hong Kong listing requirements.
Average Trading Volume: 6,018,030
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.64B
Find detailed analytics on 3818 stock on TipRanks’ Stock Analysis page.