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Citychamp Watch & Jewellery Group Faces Board Compliance Challenge After Director’s Passing

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Citychamp Watch & Jewellery Group Faces Board Compliance Challenge After Director’s Passing

Elevate Your Investing Strategy:

Citychamp Watch & Jewellery Group ( (HK:0256) ) just unveiled an update.

Citychamp Watch & Jewellery Group Limited announced the passing of Mr. Zhang Bin, an independent non-executive director, which has resulted in non-compliance with several Hong Kong Stock Exchange Listing Rules regarding board composition. The company is actively seeking a suitable candidate to fill the vacancy and aims to restore compliance within three months.

More about Citychamp Watch & Jewellery Group

Citychamp Watch & Jewellery Group Limited is a company incorporated in the Cayman Islands, operating in the watch and jewelry industry. It focuses on the manufacturing and distribution of luxury watches and jewelry, catering to a global market.

YTD Price Performance: -1.67%

Average Trading Volume: 15,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $291.1M

For detailed information about 0256 stock, go to TipRanks’ Stock Analysis page.

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