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China Merchants Securities Co., Ltd. Class H ( (HK:6099) ) just unveiled an update.
China Merchants Securities Co., Ltd. has announced the proposed dissolution of its Supervisory Committee in compliance with the new Company Law of China, effective from July 1, 2024. This move will transfer the committee’s functions to the audit committee of the Board, aligning with regulatory changes aimed at enhancing corporate governance. Additionally, the company plans to amend its Articles of Association and related policies to strengthen the responsibilities of directors and senior officers, improve shareholder rights protection, and ensure compliance with updated regulatory guidelines.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
More about China Merchants Securities Co., Ltd. Class H
China Merchants Securities Co., Ltd. is a financial services company based in China, primarily engaged in securities brokerage, investment banking, and asset management. The company focuses on providing comprehensive financial solutions to its clients, leveraging its extensive market expertise and regulatory knowledge.
YTD Price Performance: -7.16%
Average Trading Volume: 6,721,119
Technical Sentiment Signal: Buy
Current Market Cap: HK$150.2B
See more insights into 6099 stock on TipRanks’ Stock Analysis page.