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CITIC Securities Proposes Governance Amendments and Supervisory Committee Dissolution

Story Highlights
  • CITIC Securities plans to amend its Articles of Association for better governance.
  • The company proposes dissolving its Supervisory Committee, with the Audit Committee taking over its functions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CITIC Securities Proposes Governance Amendments and Supervisory Committee Dissolution

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CITIC Securities Co ( (HK:6030) ) has issued an announcement.

CITIC Securities Co. has announced proposed amendments to its Articles of Association and the dissolution of its Supervisory Committee to enhance corporate governance. The Audit Committee of the Board will assume the responsibilities of the Supervisory Committee, aligning with recent regulatory changes and improving operational efficiency. These proposals, approved by the Board, will be presented for shareholder approval, reflecting the company’s commitment to adapting to evolving regulatory frameworks and maintaining robust governance structures.

The most recent analyst rating on (HK:6030) stock is a Hold with a HK$29.62 price target. To see the full list of analyst forecasts on CITIC Securities Co stock, see the HK:6030 Stock Forecast page.

More about CITIC Securities Co

CITIC Securities Co., a joint stock limited company incorporated in China, operates in the financial services industry. It is primarily engaged in securities brokerage, investment banking, and asset management, focusing on both domestic and international markets.

Average Trading Volume: 19,041,776

Technical Sentiment Signal: Buy

Current Market Cap: HK$460.8B

For an in-depth examination of 6030 stock, go to TipRanks’ Overview page.

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