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Leadership Reshuffle at Million Cities Holdings Limited

Story Highlights
  • Million Cities Holdings Limited announces leadership changes effective December 16, 2025.
  • Mr. Lau transitions to non-executive director, with Mr. Wong taking over as CEO and chairman.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leadership Reshuffle at Million Cities Holdings Limited

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Million Cities Holdings Ltd. ( (HK:2892) ) has issued an announcement.

Million Cities Holdings Limited, a company incorporated in the Cayman Islands, has announced significant changes in its leadership structure effective December 16, 2025. Mr. Lau Ka Keung will transition from an executive to a non-executive director, stepping down as CEO and chairman of the executive committee to focus on personal business commitments. Mr. Wong Ting Chung, currently an executive director and chairman, will assume the roles of CEO and chairman of the executive committee. The company has confirmed that Mr. Lau’s redesignation is amicable and there are no issues to report to shareholders or the Hong Kong Stock Exchange.

The most recent analyst rating on (HK:2892) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on Million Cities Holdings Ltd. stock, see the HK:2892 Stock Forecast page.

More about Million Cities Holdings Ltd.

Average Trading Volume: 21,333

Technical Sentiment Signal: Sell

Current Market Cap: HK$255M

For an in-depth examination of 2892 stock, go to TipRanks’ Overview page.

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