Agricultural Bank of China Tightens Audit Committee Rules to Bolster Governance

Agricultural Bank of China ( (HK:1288) ) has shared an update.

Agricultural Bank of China has revised the terms of reference for its Board Audit Committee in 2025 to further standardize decision-making and strengthen corporate governance in line with Chinese company and banking laws and its own Articles of Association. The updated framework defines the Audit Committee’s mandate to oversee directors’ and senior management’s performance of duties, review financial information and disclosures, supervise internal and external audit functions, and monitor internal controls, while also assuming certain supervisory responsibilities typically performed by a board of supervisors. It specifies the Committee’s composition—three or more non-executive directors with a majority of independent directors and at least one professional accountant as chair—along with rules for appointment, tenure, quorum, and the obligations of the chair and members, underscoring the bank’s efforts to enhance oversight, transparency and regulatory compliance.

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, operating in the commercial banking industry with a focus on corporate and retail banking, financial services and related activities in domestic and international markets.

YTD Price Performance: 36.70%

Average Trading Volume: 138,675,741

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$2830.9B

For detailed information about 1288 stock, go to TipRanks’ Stock Analysis page.