Holly Futures Announces Board Refresh With Resignation and New INED Nomination

An announcement from Holly Futures Co. Ltd. Class H ( (HK:3678) ) is now available.

Holly Futures Co. Ltd. has announced the resignation of independent non-executive director Huang Dechun, who is stepping down after six years in the role in accordance with PRC regulations and will remain in post until a successor is approved at an extraordinary shareholders’ meeting; he also leaves positions on the remuneration, audit, nomination, and strategic and ESG committees, with the board noting there is no disagreement and thanking him for his contributions. To fill the vacancy, the board has proposed appointing Nanjing University Business School professor Wang Yuwei as an independent non-executive director for the fifth board session, highlighting his more than 25 years of academic and industry-related experience in finance and economics and confirming his independence under Hong Kong listing rules, with his qualifications and independence still subject to review by the Shenzhen Stock Exchange and approval at the shareholders’ meeting, signaling continuity in the company’s governance and oversight framework.

The most recent analyst rating on (HK:3678) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Holly Futures Co. Ltd. Class H stock, see the HK:3678 Stock Forecast page.

More about Holly Futures Co. Ltd. Class H

Holly Futures Co. Ltd. is a Hong Kong-listed futures brokerage operating in the People’s Republic of China, providing futures and related financial services to institutional and retail clients. The company operates under PRC regulatory oversight and maintains a corporate governance structure aligned with Hong Kong listing requirements, including independent non-executive directors serving on key board committees.

Average Trading Volume: 7,930,410

Technical Sentiment Signal: Buy

Current Market Cap: HK$836.5M

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