FAR International Appoints M&A Veteran Shi Dite as Executive Director and Authorized Representative

The latest announcement is out from FAR International Holdings Group Company Limited ( (HK:2516) ).

FAR International Holdings Group Company Limited has announced the resignation of executive director and authorised representative Mr. Zhu Jiong, effective 20 January 2026, citing other work arrangements; the board noted there was no disagreement with Mr. Zhu and thanked him for his contributions. The company has appointed Mr. Shi Dite, currently the group’s Head of Investment and Acquisitions and Chairman Assistant, as an executive director and authorised representative from the same date, bringing over 22 years of cross-border mergers and acquisitions and international tax experience from previous senior roles at KPMG, Alvarez & Marsal, and Alibaba, a move that is likely to strengthen the group’s governance, transaction capabilities, and compliance oversight for shareholders and other stakeholders.

The most recent analyst rating on (HK:2516) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on FAR International Holdings Group Company Limited stock, see the HK:2516 Stock Forecast page.

More about FAR International Holdings Group Company Limited

FAR International Holdings Group Company Limited is a Hong Kong-listed company incorporated in the Cayman Islands. The group operates through various subsidiaries, though this announcement does not specify its exact industry, products, or services, and focuses instead on changes to its board and senior management representation under Hong Kong listing rules.

Average Trading Volume: 2,797,766

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.27B

Learn more about 2516 stock on TipRanks’ Stock Analysis page.