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HAIDILAO Soars 9% on Mkt Hopes of Bold Structural Overhaul After Zhang Yong Reassumes CEO Role
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HAIDILAO (06862.HK) opened 5.7% higher this morning and once leaped by 10.5% to a peak of HKD15.94. It last traded at HKD15.69, up 8.8%, with a turnover of HKD653 million, making it the top gainer among blue chips. Due to the adjustment of the composition and roles of the board serving its strategic development, HAIDILAO has announced the resignation of Gou Yiqun as its executive director and CEO. Meanwhile, Zhang Yong, its chairman and executive director, has been appointed as CEO. Zhang's return signifies that HAIDILAO's future strategic decisions will be more focused, and its execution will emphasize results over process governance, according to a report from Jiemian.com. In other words, it is possible that the company is going to face more aggressive structural adjustments. AAStocks Financial News |
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