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Huatai Securities Co ( (HK:6886) ) has provided an announcement.
Huatai Securities has launched the process to form its seventh-session board of directors as the term of the current sixth-session board expires, proposing a 13-member structure that continues to meet Chinese and Hong Kong corporate governance and regulatory requirements, including maintaining at least one-third independent directors and one independent non-executive director resident in Hong Kong. Several long-serving directors, including executive director Zhang Wei and non-executive directors Chen Zhongyang and Zhang Jinxin, will retire without disagreement with the board, while major shareholders have nominated four new non-executive directors and the chairman has proposed additional executive and non-executive directors, alongside five independent non-executive director candidates whose qualifications have been cleared by the Shanghai Stock Exchange; an employee representative director will be elected separately by staff, and, subject to shareholder approval at an upcoming extraordinary general meeting, the new board will serve a three-year term, shaping the company’s governance and strategic oversight for the next cycle.
The most recent analyst rating on (HK:6886) stock is a Buy with a HK$21.00 price target. To see the full list of analyst forecasts on Huatai Securities Co stock, see the HK:6886 Stock Forecast page.
More about Huatai Securities Co
Huatai Securities Co., a joint stock company incorporated in the People’s Republic of China and listed in both Shanghai and on the Main Board of the Hong Kong Stock Exchange, operates in the securities and financial services industry. The firm offers brokerage, investment banking, asset management and related capital markets services, including overseas listed foreign shares (H shares), serving domestic and international investors under the corporate name 華泰證券股份有限 and conducting business in Hong Kong as HTSC.
Average Trading Volume: 9,529,943
Technical Sentiment Signal: Buy
Current Market Cap: HK$223.1B
For a thorough assessment of 6886 stock, go to TipRanks’ Stock Analysis page.