Orient Securities Taps State-Sector Veteran Zhou Lei to Lead Board

Orient Securities Co., Ltd. Class H ( (HK:3958) ) just unveiled an announcement.

Orient Securities has nominated Zhou Lei, an experienced state-owned capital and trust management executive currently serving as deputy general manager and CPC Party Committee secretary of Shenergy Group, as a candidate for executive director of its sixth board, with his term to run until the end of the current board session once shareholders approve. The board has also resolved that, subject to his appointment being cleared at an extraordinary general meeting, Zhou will assume the roles of board chairman, chair of the Strategy and Sustainable Development Committee, member of the Remuneration and Nomination Committee and authorised representative to the Hong Kong bourse, a governance reshuffle that strengthens the firm’s leadership with a senior state-sector figure even though he will receive no director’s remuneration.

The most recent analyst rating on (HK:3958) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on Orient Securities Co., Ltd. Class H stock, see the HK:3958 Stock Forecast page.

More about Orient Securities Co., Ltd. Class H

Orient Securities Co., Ltd. Class H is a PRC-incorporated securities firm listed in Hong Kong, operating as a full-service investment bank and brokerage. The company focuses on capital markets and investment services for domestic and international clients, positioning itself within China’s state-influenced financial sector and the Hong Kong securities market.

YTD Price Performance: -9.80%

Average Trading Volume: 9,910,692

Technical Sentiment Signal: Buy

Current Market Cap: HK$91.79B

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