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Hengtai Securities Proposes Governance Restructuring

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Hengtai Securities Proposes Governance Restructuring

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Hengtai Securities Co., Ltd. Class H ( (HK:1476) ) just unveiled an update.

Hengtai Securities Co., Ltd. Class H has announced a series of proposed amendments to its corporate governance structure, including the abolishment of the Supervisory Committee. The responsibilities of the Supervisory Committee will be transferred to the Audit Committee under the Board, aligning with the new Company Law of the People’s Republic of China effective from July 2024. These changes are aimed at enhancing corporate governance and are accompanied by amendments to the Articles of Association and various procedural rules, impacting the company’s operational framework and stakeholder engagement.

The most recent analyst rating on (HK:1476) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Hengtai Securities Co., Ltd. Class H stock, see the HK:1476 Stock Forecast page.

More about Hengtai Securities Co., Ltd. Class H

Average Trading Volume: 243,745

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.24B

For detailed information about 1476 stock, go to TipRanks’ Stock Analysis page.

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