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CSC Financial Reshapes Board with Non-Executive Director Resignation and New Nomination

Story Highlights
  • CSC Financial’s non-executive director Yan Xiaolei resigned from the board and key committees.
  • The firm nominated seasoned legal and compliance executive Dong Hongfu as new non-executive director.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSC Financial Reshapes Board with Non-Executive Director Resignation and New Nomination

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The latest update is out from CSC Financial Co., Ltd. Class H ( (HK:6066) ).

CSC Financial Co., Ltd. announced the resignation of non-executive director Yan Xiaolei, who is also stepping down from the board’s Risk Management Committee and Audit Committee due to work arrangements, with the company confirming that his departure does not affect board quorum and involves no disagreements or issues requiring shareholder attention. To fill the vacancy, the board has nominated Dong Hongfu, currently general counsel and chief compliance officer at Beijing Financial Holdings Group, as a non-executive director and member of the board’s special committees, highlighting his extensive regulatory, risk, legal, and central banking experience; his appointment will take effect upon shareholder approval and is expected to reinforce CSC Financial’s governance, compliance, and risk management capabilities.

The most recent analyst rating on (HK:6066) stock is a Hold with a HK$13.00 price target. To see the full list of analyst forecasts on CSC Financial Co., Ltd. Class H stock, see the HK:6066 Stock Forecast page.

More about CSC Financial Co., Ltd. Class H

CSC Financial Co., Ltd. is a mainland Chinese securities firm listed in Hong Kong, operating in the financial services industry with a focus on securities brokerage, investment banking, and related capital markets services. The company is regulated under PRC corporate and securities governance rules and maintains board-level committees for risk management and audit oversight in line with Hong Kong listing requirements.

Average Trading Volume: 7,904,402

Technical Sentiment Signal: Buy

Current Market Cap: HK$192B

For an in-depth examination of 6066 stock, go to TipRanks’ Overview page.

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