Movement Alert|CITIC Financial Assets Rises 3.13% in Regular Trading, Regulatory Approval of New Chief Compliance Officer Boosts Sentiment

Market Focus
Jun 12

On June 12, CITIC Financial Assets (02799.HK) rose 3.13% in regular trading, reaching 0.67 HKD/share with turnover of approximately 22.04 million HKD, extending its winning streak after consecutive gains earlier in the week.

On the news front, the company recently announced that Liu Zeyu has been officially approved by the National Financial Regulatory Administration to serve as Chief Compliance Officer, effective June 3. The appointment signals continued governance strengthening at the former China Huarong, which rebranded under CITIC Group following a major restructuring.

Additionally, the company has been actively highlighting its green finance strategy, having invested a cumulative 60.681 billion yuan in green and low-carbon sectors over the past four years through its differentiated investment-plus-investment banking model. Within the Asset Management and Custody Banks sector, China Cinda rose 1.89% and Value Partners gained 0.99%, while Goldstream Investment surged 8.46%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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