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China New City Commercial Development Ltd ( (HK:1321) ) just unveiled an announcement.
China New City Group Limited has adjusted the composition of its Nomination Committee, appointing independent non-executive director Mr Lam Yau Yiu and executive director Ms Chen Jing as new members with effect from 30 December 2025. The change strengthens the company’s corporate governance framework by broadening representation on the committee responsible for overseeing board appointments and succession planning, which may enhance oversight, independence and transparency for shareholders and other stakeholders.
The most recent analyst rating on (HK:1321) stock is a Hold with a HK$0.75 price target. To see the full list of analyst forecasts on China New City Commercial Development Ltd stock, see the HK:1321 Stock Forecast page.
More about China New City Commercial Development Ltd
China New City Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with a board comprising executive, non-executive and independent non-executive directors, reflecting a conventional listed-company governance structure. While the announcement does not detail its business lines, the company operates under Hong Kong’s listing regime and maintains standard board committees such as a Nomination Committee to oversee board composition and corporate governance.
Average Trading Volume: 514,210
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.12B
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