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Agricultural Bank of China ( (HK:1288) ) just unveiled an update.
Agricultural Bank of China Limited has confirmed the appointment of Mr. Liu Hong as an executive director following regulatory approval from the National Financial Regulatory Administration. Liu will also serve on the bank’s Strategic Planning and Sustainable Development Committee and the County Area Banking Business and Inclusive Finance Development Committee, signaling continued emphasis on long-term strategy, sustainability, and expansion of inclusive financial services in China’s county-level markets. The board’s updated composition reflects the bank’s focus on strengthening governance and oversight in areas key to its policy and commercial mandate.
The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.
More about Agricultural Bank of China
Agricultural Bank of China Limited is one of China’s major state-owned commercial banks, focusing on a broad range of banking and financial services across urban and rural markets. The bank plays a significant role in supporting county-level banking and inclusive finance, aligning its operations with national strategic and sustainable development priorities.
YTD Price Performance: 36.70%
Average Trading Volume: 138,675,741
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2830.9B
Learn more about 1288 stock on TipRanks’ Stock Analysis page.