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An announcement from Bank of Chongqing Co., Ltd. Class H ( (HK:1963) ) is now available.
Bank of Chongqing Co., Ltd. has overhauled the structure and membership of its board-level special committees, effective January 28, 2026, in a bid to enhance standardized and efficient corporate governance and support its long-term, steady development. The bank will dissolve its Information Technology Guidance Committee and fold its responsibilities into an expanded Strategy and Innovation Committee to better coordinate digital transformation and information-related strategy, while also merging its Nomination Committee with its Remuneration and Appraisal Committee into a new Nomination and Remuneration Committee to improve operational efficiency and align with peer practices. In conjunction with these structural changes, the bank has reconstituted the membership and chairmanship of the Strategy and Innovation, Risk Management, Audit, Connected Transactions Control, and Nomination and Remuneration committees, assigning roles based on directors’ professional backgrounds and experience, with all appointments running through the current seventh board session, moves that signal a stronger emphasis on strategic execution, risk oversight, and streamlined governance for stakeholders.
The most recent analyst rating on (HK:1963) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on Bank of Chongqing Co., Ltd. Class H stock, see the HK:1963 Stock Forecast page.
More about Bank of Chongqing Co., Ltd. Class H
Bank of Chongqing Co., Ltd. is a Chinese joint stock commercial bank headquartered in Chongqing and listed in Hong Kong. It provides a range of banking and financial services, with a focus on serving regional customers and supporting the local economy, and operates under a board-governed structure that relies on specialist committees for strategy, risk, audit, related-party transactions, and governance matters.
Average Trading Volume: 1,614,742
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.8B
For an in-depth examination of 1963 stock, go to TipRanks’ Overview page.