Shenwan Hongyuan (H.K.) Sets Formal Mandate for Nomination Committee to Strengthen Board Governance

Shenwan Hongyuan (H.K.) Limited ( (HK:0218) ) has issued an announcement.

Shenwan Hongyuan (H.K.) Limited has formally set out the terms of reference for its Nomination Committee, a board-level body responsible for overseeing director appointments and board composition. The committee will comprise a majority of independent non-executive directors, be chaired by either the board chairman or an independent non-executive director, and must include at least one director of a different gender, underscoring the firm’s commitment to board diversity. Meeting at least once a year, the committee is empowered to determine director nomination policy, seek independent professional advice at the company’s expense, and make recommendations on board structure, succession planning, and the independence of non-executive directors. It will also monitor and review the effectiveness of the company’s Board Diversity Policy and support regular board performance evaluations, reinforcing corporate governance standards and aligning board capabilities with the company’s strategic direction.

The most recent analyst rating on (HK:0218) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Shenwan Hongyuan (H.K.) Limited stock, see the HK:0218 Stock Forecast page.

More about Shenwan Hongyuan (H.K.) Limited

Shenwan Hongyuan (H.K.) Limited is a Hong Kong–incorporated financial services firm listed on the Stock Exchange of Hong Kong (stock code: 218). Operating in the securities and investment banking sector, it provides brokerage, corporate finance and related capital markets services to institutional and retail clients across the region.

Average Trading Volume: 1,366,750

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.08B

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