tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Hanking Overhauls Leadership to Accelerate Shift Toward Gold Production

Story Highlights
  • China Hanking has executed a major leadership reshuffle, with its chairman, CEO and COO resigning and founder Xia Zhuo assuming the chairmanship.
  • Executive director Qiu Yumin becomes CEO and president to lead the shift into gold production and advance the Mt Bundy Gold Project, alongside board and governance changes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Hanking Overhauls Leadership to Accelerate Shift Toward Gold Production

Claim 50% Off TipRanks Premium

China Hanking Holdings Ltd. ( (HK:3788) ) has shared an update.

China Hanking Holdings Limited announced a sweeping leadership reshuffle effective 14 January 2026, including the resignation of chairman, chief executive officer and president Mr. Yang Jiye and executive director and chief operating officer Mr. Zheng Xuezhi, both stepping down to devote more time to other business commitments. Executive director Dr. Qiu Yumin has been promoted to chief executive officer and president to drive the group’s strategic shift into gold production and accelerate advancement of the Mt Bundy Gold Project toward construction and commissioning, while founder shareholder and former non‑executive director Mr. Xia Zhuo has been appointed chairman of the board to support this transformation. The company also strengthened its governance and administrative structure by appointing new executive directors, replacing joint company secretaries and authorised representatives, designating a new process agent, and adjusting key board committee roles, moves that collectively aim to align management and oversight with its new strategic direction and may influence operational execution and stakeholder confidence during the transition.

The most recent analyst rating on (HK:3788) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.

More about China Hanking Holdings Ltd.

China Hanking Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates as a mining group with a strategic focus on becoming a mid‑tier gold producer. The company is reallocating resources toward the development of its Mt Bundy Gold Project, signaling a transition toward gold production as a core business and emphasizing operations, development, and project commissioning capabilities within the precious metals sector.

Average Trading Volume: 2,814,580

Technical Sentiment Signal: Buy

Current Market Cap: HK$8.61B

See more insights into 3788 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1