China Vanke Proposes Key Amendments to Corporate Governance Structure

China Vanke Co ( (HK:2202) ) has shared an announcement.

China Vanke Co., Ltd. has announced proposed amendments to its Articles of Association, Procedural Rules for the General Meeting, and Procedural Rules for the Board of Directors. These changes aim to align with recent amendments to Chinese laws and regulations, including the abolition of its Supervisory Committee, with responsibilities being transferred to the Audit Committee. The proposed amendments are subject to shareholder approval at the upcoming annual general meeting.

The most recent analyst rating on (HK:2202) stock is a Sell with a HK$3.30 price target. To see the full list of analyst forecasts on China Vanke Co stock, see the HK:2202 Stock Forecast page.

More about China Vanke Co

China Vanke Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the real estate industry. It focuses on property development and management, and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 35,117,168

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$81.2B

For an in-depth examination of 2202 stock, go to TipRanks’ Stock Analysis page.