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MMG ( (HK:1208) ) just unveiled an announcement.
MMG Limited has announced a proposed change of its independent auditor from Deloitte Touche Tohmatsu to Ernst & Young, effective after the annual general meeting in May 2026. This decision follows a competitive tender process in compliance with regulations for state-owned enterprises, aiming to ensure audit independence and objectivity. The change is subject to shareholder approval, and Deloitte will continue its audit role until the end of 2025, with no issues reported regarding its retirement.
The most recent analyst rating on (HK:1208) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on MMG stock, see the HK:1208 Stock Forecast page.
More about MMG
MMG Limited is a company incorporated in Hong Kong, primarily involved in the mining industry. It is controlled by China Minmetals Corporation, a state-owned enterprise regulated by the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China.
Average Trading Volume: 70,845,804
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.79B
Learn more about 1208 stock on TipRanks’ Stock Analysis page.