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The latest update is out from Guangzhou Automobile Group Co ( (HK:2238) ).
Guangzhou Automobile Group has amended and reissued its implementation rules for the Board’s Nomination Committee, strengthening the framework for appointing directors and senior management in line with Chinese corporate law, domestic governance codes and the Hong Kong Listing Rules. The updated rules formalize the committee’s composition and gender diversity requirements, expand its mandate to include annual reviews of board size, skills mix, diversity, director independence and time commitment, and embed oversight of board diversity policy and continuous professional development, thereby tightening governance standards and limiting the ability of controlling shareholders to bypass the committee’s recommendations when proposing candidates.
The most recent analyst rating on (HK:2238) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Guangzhou Automobile Group Co stock, see the HK:2238 Stock Forecast page.
More about Guangzhou Automobile Group Co
Guangzhou Automobile Group Co., Ltd. is a Chinese automotive manufacturer listed in both Shanghai and Hong Kong, operating under PRC company law and relevant stock exchange rules, with a governance structure that includes an independent board and specialized committees to oversee director and senior management appointments.
Average Trading Volume: 38,247,289
Technical Sentiment Signal: Hold
Current Market Cap: HK$78.15B
For an in-depth examination of 2238 stock, go to TipRanks’ Overview page.