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The latest update is out from Nexteer Automotive Group ( (HK:1316) ).
Nexteer Automotive Group has announced the resignation of executive director, senior vice president and global chief operating officer Hervé Paul Gino Boyer, effective January 19, 2026, as he departs to pursue a new opportunity. The company stated that Boyer has no disagreement with the board, with the only outstanding issue relating to his eligibility for payment under the annual incentive plan, which will be resolved through further discussions; the board expressed appreciation for his contributions and confirmed the remaining composition of the executive, non-executive and independent non-executive directors, signaling continuity in overall governance despite the senior management change.
The most recent analyst rating on (HK:1316) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Nexteer Automotive Group stock, see the HK:1316 Stock Forecast page.
More about Nexteer Automotive Group
Nexteer Automotive Group Limited is a Hong Kong-listed automotive supplier specializing in steering and driveline systems, serving global vehicle manufacturers with advanced steering technologies and related components.
Average Trading Volume: 12,531,482
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$17.42B
See more insights into 1316 stock on TipRanks’ Stock Analysis page.