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Guolian Minsheng Securities Tightens Governance With New Risk Control Committee Rules

Story Highlights
  • Guolian Minsheng Securities has adopted formal procedures for its Board Risk Control Committee to enhance governance.
  • The committee will oversee overall risk and compliance management, review policies, structures and major decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guolian Minsheng Securities Tightens Governance With New Risk Control Committee Rules

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The latest update is out from Guolian Securities Co., Ltd. Class H ( (HK:1456) ).

Guolian Minsheng Securities Company Limited has formalised detailed rules of procedure for its Board’s Risk Control Committee to strengthen corporate governance and standardise risk-related decision-making. The committee, composed of five directors including at least one independent director and chaired by the Board chairman, is tasked with overseeing the company’s overall risk and compliance management, reviewing risk management objectives and policies, evaluating the structure and duties of risk and compliance departments, and assessing major Board decisions from a risk perspective. Administrative support will be provided by the Board secretary and office, with relevant internal departments required to supply information and research, underscoring the company’s effort to maintain risk within reasonable limits and reinforce disciplined, systematic oversight of its operations.

More about Guolian Securities Co., Ltd. Class H

Guolian Minsheng Securities Company Limited, listed under stock code 01456, operates in China’s securities industry, providing securities brokerage and related financial services under a regulated corporate governance framework. The firm is subject to the Company Law of the People’s Republic of China, securities company supervision regulations, and listing rules applicable to its traded shares.

Average Trading Volume: 4,812,033

Technical Sentiment Signal: Buy

Current Market Cap: HK$62.54B

For detailed information about 1456 stock, go to TipRanks’ Stock Analysis page.

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