tiprankstipranks

China CITIC Announces Leadership Changes

Story Highlights
China CITIC Announces Leadership Changes

China Huarong Asset Management Co., Ltd. Class H ( (HK:2799) ) has issued an announcement.

China CITIC Financial Asset Management Co., Ltd. has announced the approval of Mr. Yang Yi as the vice president by the National Financial Regulatory Administration, effective from March 27, 2025. This appointment is expected to strengthen the company’s leadership team. Additionally, Mr. Zhu Ning has resigned as an independent non-executive director after serving for six years, in compliance with corporate governance guidelines. His resignation will take effect once a new director is elected, ensuring continuity in board operations.

More about China Huarong Asset Management Co., Ltd. Class H

China CITIC Financial Asset Management Co., Ltd. operates in the financial services industry, focusing on asset management. The company is based in the People’s Republic of China and is involved in providing financial asset management services.

YTD Price Performance: 29.23%

Average Trading Volume: 39,998,516

Technical Sentiment Signal: Sell

Current Market Cap: HK$67.41B

See more insights into 2799 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App