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The latest update is out from China New City Commercial Development Ltd ( (HK:1321) ).
China New City Group Limited has announced the current composition of its board of directors, naming Shi Nanlu as chief executive officer and executive director, and Shi Zhongan as non-executive chairperson, alongside executive directors Jin Jianrong and Chen Jing, and independent non-executive directors Xu Chengfa, Lam Yau Yiu and Yuan Yuan. The company also detailed the allocation of responsibilities across its key board committees—Audit, Remuneration, Nomination and Corporate Governance—clarifying that independent directors hold chair roles on several committees, while CEO Shi Nanlu chairs the Corporate Governance Committee, a structure aimed at delineating oversight functions and reinforcing governance 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 Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange (stock code: 1321). It operates in mainland China, although this announcement does not specify its particular business segment, products or services.
Average Trading Volume: 514,210
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.12B
For an in-depth examination of 1321 stock, go to TipRanks’ Overview page.