Meituan Updates Nomination Committee Terms to Enhance Governance

Meituan ( (HK:3690) ) has shared an update.

Meituan has updated the terms of reference for its Nomination Committee, which was originally established in 2018. The committee is responsible for identifying and recommending candidates for the board of directors, overseeing board performance evaluations, and developing nomination guidelines. The committee is composed mainly of independent non-executive directors, ensuring compliance with Hong Kong Stock Exchange listing rules. These updates aim to enhance the governance structure and ensure a diverse and effective board, which could strengthen Meituan’s industry positioning and stakeholder confidence.

The most recent analyst rating on (HK:3690) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on Meituan stock, see the HK:3690 Stock Forecast page.

More about Meituan

Meituan is a company incorporated in the Cayman Islands, operating with weighted voting rights. It is listed on the Hong Kong Stock Exchange under the stock codes 3690 (HKD) and 83690 (RMB).

YTD Price Performance: -9.76%

Average Trading Volume: 49,579,828

Technical Sentiment Signal: Sell

Current Market Cap: HK$836.4B

Find detailed analytics on 3690 stock on TipRanks’ Stock Analysis page.