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China Merchants Land Limited ( (HK:0978) ) has provided an update.
China Merchants Land Limited has announced a significant leadership change with the resignation of Mr. Jiang Tiefeng from his roles as non-executive Director, Chairman of the Board, and Chairman of the Nomination Committee, effective November 14, 2025. Mr. Zhu Wenkai has been appointed to fill these positions, bringing extensive experience from his previous roles within the China Merchants Group, including his recent position as Chairman of the Board of Directors and Party Committee Secretary of China Merchants Shekou Industrial Zone Holdings Co., Ltd. This leadership transition is expected to influence the company’s strategic direction and operations, potentially impacting stakeholders and the company’s market positioning.
The most recent analyst rating on (HK:0978) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Merchants Land Limited stock, see the HK:0978 Stock Forecast page.
More about China Merchants Land Limited
China Merchants Land Limited is a company incorporated in the Cayman Islands, operating within the real estate sector. It is part of the China Merchants Group and focuses on property development and management, with its operations extending through various subsidiaries.
Average Trading Volume: 1,065,462
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.45B
For a thorough assessment of 0978 stock, go to TipRanks’ Stock Analysis page.