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CITIC Securities Nominates Wu Yonggao as Additional Non-Executive Director

Story Highlights
  • CITIC Securities plans to appoint Wu Yonggao as an additional non-executive director pending shareholder approval.
  • Wu will also join the Strategic Planning, ESG and Risk Management committees, strengthening CITIC’s governance and oversight capabilities.
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CITIC Securities Nominates Wu Yonggao as Additional Non-Executive Director

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CITIC Securities Co ( (HK:6030) ) has provided an announcement.

CITIC Securities has proposed the appointment of Wu Yonggao as an additional non-executive director for its eighth board session, with his term to run from shareholder approval until the expiry of the current board, and with no remuneration from the company. Wu, a seasoned finance executive currently holding senior roles at Guangzhou Yuexiu Capital Holdings and related entities, is also slated to join CITIC Securities’ Strategic Planning and ESG Committee and its Risk Management Committee, signaling a move to deepen the board’s expertise in capital management, governance and risk oversight as the firm refines its long-term strategy.

The most recent analyst rating on (HK:6030) stock is a Hold with a HK$32.00 price target. To see the full list of analyst forecasts on CITIC Securities Co stock, see the HK:6030 Stock Forecast page.

More about CITIC Securities Co

CITIC Securities Company Limited is a leading Chinese securities firm listed in Hong Kong, operating as a joint stock limited company in the People’s Republic of China. The company provides investment banking, brokerage, asset management and related financial services to domestic and international clients, and is overseen by a board comprising executive, non-executive, independent non-executive and employee directors reflecting its large, diversified capital markets franchise.

YTD Price Performance: 6.72%

Average Trading Volume: 11,504,847

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$459.7B

For an in-depth examination of 6030 stock, go to TipRanks’ Overview page.

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