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China Merchants Securities Announces Executive Resignation

Story Highlights
  • China Merchants Securities Co., Ltd. announced the resignation of Mr. WU Zongmin.
  • Mr. HUO Da will temporarily assume the president’s duties as the company seeks a replacement.
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China Merchants Securities Announces Executive Resignation

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China Merchants Securities Co., Ltd. Class H ( (HK:6099) ) has provided an announcement.

China Merchants Securities Co., Ltd. announced the resignation of Mr. WU Zongmin from his roles as executive director, president, and other committee positions due to retirement. The company is in the process of appointing a new president, with Mr. HUO Da temporarily assuming the president’s duties. Mr. WU’s tenure was marked by significant contributions to corporate governance and strategic implementation, and the board expressed gratitude for his service.

More about China Merchants Securities Co., Ltd. Class H

China Merchants Securities Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. It is listed on the Hong Kong Stock Exchange and focuses on providing securities services.

YTD Price Performance: -35.58%

Average Trading Volume: 5,055

Technical Sentiment Signal: Sell

Current Market Cap: €16.66B

For a thorough assessment of 6099 stock, go to TipRanks’ Stock Analysis page.

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