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Zhongtai Futures Tightens Audit Committee Rules to Bolster Governance and Oversight

Story Highlights
  • Zhongtai Futures has revised its Audit Committee mandate to enhance internal supervision, risk control and financial reporting oversight.
  • The company set stricter composition and independence requirements for Audit Committee members to align with regulatory and governance best practices.
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Zhongtai Futures Tightens Audit Committee Rules to Bolster Governance and Oversight

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ZHONGTAI FUTURES Company Limited Class H ( (HK:1461) ) has provided an update.

ZHONGTAI FUTURES Company Limited has issued a revised draft of the terms of reference for its Board Audit Committee, detailing its mandate to strengthen internal supervision, risk control, audit oversight and the integrity of financial reporting in line with PRC laws, Hong Kong Listing Rules, and international corporate governance standards. The document clarifies the composition and independence requirements of the Audit Committee, specifying that it must comprise three to five non-executive directors with appropriate professional expertise, a majority of whom are independent, and be chaired by an experienced accounting professional, thereby reinforcing the company’s governance framework and signalling a tighter alignment with regulatory expectations and best practice for investor protection.

The most recent analyst rating on (HK:1461) stock is a Hold with a HK$0.67 price target. To see the full list of analyst forecasts on ZHONGTAI FUTURES Company Limited Class H stock, see the HK:1461 Stock Forecast page.

More about ZHONGTAI FUTURES Company Limited Class H

ZHONGTAI FUTURES Company Limited is a PRC-incorporated futures brokerage and derivatives services provider listed in Hong Kong, operating under the regulatory frameworks of the China futures and derivatives laws and the Hong Kong Listing Rules, with a focus on robust internal controls, financial reporting integrity and corporate governance as part of its capital markets presence.

Average Trading Volume: 295,758

Technical Sentiment Signal: Sell

Current Market Cap: HK$641.2M

See more insights into 1461 stock on TipRanks’ Stock Analysis page.

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