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An update from Weichai Power Co ( (HK:2338) ) is now available.
Weichai Power Co., Ltd. has issued a supplemental announcement confirming that its nominee for independent non-executive director, Ms. Zhang Weili, meets all independence criteria under Hong Kong Listing Rules, has no financial or other interests in the Group’s business, and has no connections with any core connected persons of the company. Her proposed appointment will be put to shareholders for approval by ordinary resolution at an extraordinary general meeting, with a circular detailing the proposal and EGM notice to be dispatched, underlining the company’s ongoing efforts to strengthen board independence and comply with corporate governance requirements in Hong Kong.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$21.00 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.
More about Weichai Power Co
Weichai Power Co., Ltd. is a China-incorporated joint stock limited company listed in Hong Kong, operating through a group structure with multiple executive, non-executive, employee representative and independent non-executive directors overseeing its governance and strategic direction.
Average Trading Volume: 17,435,775
Technical Sentiment Signal: Buy
Current Market Cap: HK$171.2B
See more data about 2338 stock on TipRanks’ Stock Analysis page.