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China Vered Financial Holding Tightens Audit Committee Mandate and Expands ESG Oversight

Story Highlights
  • China Vered has revised its Audit Committee structure to ensure greater independence, professional expertise and stricter rules on auditor-related appointments.
  • The updated terms expand the Audit Committee’s remit to reinforce financial reporting oversight and formalize responsibility for the Group’s ESG strategy and disclosures.
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China Vered Financial Holding Tightens Audit Committee Mandate and Expands ESG Oversight

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China Vered Financial Holding Corporation Limited ( (HK:0245) ) has shared an announcement.

China Vered Financial Holding Corporation Limited has updated the terms of reference of its Audit Committee, effective 19 December 2025, to strengthen governance over financial reporting, audit oversight and ESG-related matters. The revised framework mandates that the Audit Committee comprise solely non-executive directors with a majority being independent, sets professional qualification requirements for at least one member, restricts former partners of the existing auditor from joining for two years, and formalises detailed procedures for meetings, decision-making and record-keeping. The committee’s objectives now explicitly include overseeing the integrity and effectiveness of the Group’s ESG strategy, disclosures and legal compliance, underscoring an increased emphasis on transparency, independence of external auditors and alignment with market expectations on corporate governance and sustainability reporting.

The most recent analyst rating on (HK:0245) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Vered Financial Holding Corporation Limited stock, see the HK:0245 Stock Forecast page.

More about China Vered Financial Holding Corporation Limited

China Vered Financial Holding Corporation Limited is a Hong Kong-incorporated financial services group listed on the Hong Kong Stock Exchange. Through its subsidiaries, the Group operates in the financial sector, focusing on a range of capital market and investment-related services under Hong Kong’s regulatory framework.

YTD Price Performance: 25.00%

Average Trading Volume: 1,435,773

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.05B

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