China Merchants Securities announced that the company's eighth board of directors approved at its thirty-eighth meeting the appointment of Liu Bo as company president, with the term starting from the date of board approval until the end of the eighth board's term. Liu Bo will no longer serve as vice president. At the same time, the board nominated Liu Bo as a candidate for executive director of the eighth board, a proposal that still needs to be submitted to the shareholders' meeting for review.
China Merchants Securities Co LtdBoard appoints Liu Bo as company president and nominates him as executive director candidate; a leadership change with no clear positive or negative driver.
