Bank of Chongqing Announces New Independent Directors

The latest announcement is out from Bank of Chongqing Co., Ltd. Class H ( (HK:1963) ).

Bank of Chongqing Co., Ltd. has announced the appointment of three new independent non-executive directors, Mr. ZENG Hong, Ms. WANG Qinlin, and Mr. CHAN Fung Cheung, following the approval of their qualifications by the Chongqing Bureau of National Financial Regulatory Administration. This change in the board of directors marks the end of the term for the previous directors, Mr. LIU Xing, Mr. WANG Rong, and Mr. FUNG Don Hau, who have confirmed no disagreements with the board. The new appointments are expected to bring fresh perspectives to the bank’s governance as it continues to navigate the financial landscape in China.

More about Bank of Chongqing Co., Ltd. Class H

Bank of Chongqing Co., Ltd. is a financial institution incorporated in the People’s Republic of China. It operates under a financial license approved by the regulatory authority of the banking industry in China. The bank is not authorized to conduct banking or deposit-taking business in Hong Kong and is not supervised by the Hong Kong Monetary Authority.

YTD Price Performance: 1.72%

Average Trading Volume: 6,000

Technical Sentiment Signal: Sell

Current Market Cap: €3.62B

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