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The latest announcement is out from Guolian Securities Co., Ltd. Class H ( (HK:1456) ).
Guolian Minsheng Securities Company Limited has adopted detailed rules of procedures for its Board’s Remuneration and Nomination Committee to standardize how it sets and oversees pay and appointments for directors and senior management. The new framework, grounded in Chinese company and securities laws as well as mainland and Hong Kong listing governance requirements, defines the committee’s composition, mandates a majority of independent directors and an independent chair, and establishes a working group under the Board Office to handle daily coordination. By codifying responsibilities such as designing remuneration policies, formulating performance appraisal systems, setting evaluation criteria, and making recommendations on executive pay and nominations, the company aims to enhance transparency, independence and procedural rigor in its governance, which may strengthen oversight, align management incentives with corporate objectives, and improve confidence among investors and regulators.
More about Guolian Securities Co., Ltd. Class H
Guolian Minsheng Securities Company Limited is a PRC-based securities firm operating as a joint stock limited company, providing securities-related financial services and subject to both mainland Chinese and Hong Kong listing and regulatory frameworks, including the Shanghai Stock Exchange and the Hong Kong Stock Exchange.
Average Trading Volume: 4,812,033
Technical Sentiment Signal: Buy
Current Market Cap: HK$62.54B
For a thorough assessment of 1456 stock, go to TipRanks’ Stock Analysis page.