Bank of Communications Delays Board Election, Ensures Uninterrupted Operations

Bank of Communications Co ( (HK:3328) ) just unveiled an announcement.

Bank of Communications Co., Ltd. announced a postponement in the election of its new Board of Directors due to incomplete nomination processes. Despite the delay, the current board will continue its duties, ensuring that the bank’s operations remain unaffected. The bank is committed to completing the election process promptly and adhering to disclosure obligations.

The most recent analyst rating on (HK:3328) stock is a Hold with a HK$5.95 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.

More about Bank of Communications Co

Bank of Communications Co., Ltd. is a major financial institution in China, operating as a joint stock company with limited liability. It is primarily involved in providing banking services and products, focusing on corporate and retail banking, wealth management, and financial services within the Chinese market.

Average Trading Volume: 39,471,012

Technical Sentiment Signal: Buy

Current Market Cap: HK$583.6B

For a thorough assessment of 3328 stock, go to TipRanks’ Stock Analysis page.