CITIC Securities Tightens Nomination Committee Rules to Bolster Board Governance

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

CITIC Securities has updated the terms of reference for its Board Nomination Committee, a key pillar of its corporate governance framework, with the latest revision approved at the forty-second meeting of the eighth board session and set to take effect in December 2025. The revised rules clarify the committee’s mandate to design criteria and procedures for selecting directors and senior management, review their qualifications with an emphasis on board composition and professional structure, and ensure the board maintains the skills, experience and diversity needed to support the company’s ongoing operation and development. The document formalizes requirements that the Nomination Committee comprise at least three directors, a majority of whom must be independent non-executive directors, include at least one director of a different gender, meet at least once a year, and be chaired by an independent non-executive director elected by a two-thirds majority of its members, underscoring the firm’s focus on board independence, diversity and decision-making rigor.

The most recent analyst rating on (HK:6030) stock is a Hold with a HK$29.00 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 Co. Ltd. is a leading Chinese securities firm operating in the financial services industry, providing investment banking, brokerage, asset management and other capital markets services to institutional and retail clients in domestic and international markets.

Average Trading Volume: 13,304,428

Technical Sentiment Signal: Buy

Current Market Cap: HK$462.7B

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