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The latest announcement is out from Bank of Chongqing Co., Ltd. Class H ( (HK:1963) ).
Bank of Chongqing Co., Ltd. has obtained regulatory approval from the Chongqing Bureau of National Financial Regulatory Administration for amendments to its Articles of Association, formalising revisions to its corporate governance framework. The updated Articles are now in effect and available on the websites of the Shanghai Stock Exchange, Hong Kong Stock Exchange and the bank, with the bank stressing that the Chinese version will prevail over the English translation, a move that provides clarity and legal certainty for shareholders and other stakeholders in its mainland-focused operations.
The most recent analyst rating on (HK:1963) stock is a Hold 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 joint stock commercial bank incorporated in the People’s Republic of China with limited liability, holding a PRC financial licence and a corporate legal person business licence. The bank is listed in both Shanghai and Hong Kong, but it is not an authorised institution under Hong Kong’s Banking Ordinance, is not supervised by the Hong Kong Monetary Authority, and is not permitted to conduct banking or deposit-taking business in Hong Kong.
Average Trading Volume: 1,902,913
Technical Sentiment Signal: Buy
Current Market Cap: HK$35.56B
See more insights into 1963 stock on TipRanks’ Stock Analysis page.