Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Hong Kong Finance Group Ltd. ( (HK:1273) ) is now available.
Hong Kong Finance Group Limited has formalised and published the terms of reference for its Audit Committee, detailing its constitution, membership requirements and operating procedures in line with Hong Kong listing rules. The document sets out that the Audit Committee must comprise at least three non-executive directors with a majority being independent, including at least one with appropriate professional or accounting expertise, prohibits recent partners of the company’s external auditor from serving, and specifies rules for convening meetings, quorum, voting and attendance by finance staff and auditors, reinforcing the company’s corporate governance framework and oversight of financial reporting and internal controls.
The most recent analyst rating on (HK:1273) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Hong Kong Finance Group Ltd. stock, see the HK:1273 Stock Forecast page.
More about Hong Kong Finance Group Ltd.
Hong Kong Finance Group Limited is a Hong Kong-listed company (Stock Code: 1273) incorporated in the Cayman Islands with limited liability. It operates under Hong Kong’s corporate governance and listing framework, which requires the establishment of board committees such as an audit committee to oversee financial reporting and internal controls for investors and other stakeholders.
Average Trading Volume: 103,235
Technical Sentiment Signal: Buy
Current Market Cap: HK$249M
For a thorough assessment of 1273 stock, go to TipRanks’ Stock Analysis page.