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Bank of Qingdao Co., Ltd. Class H ( (HK:3866) ) has shared an announcement.
Bank of Qingdao Co., Ltd. announced the approval of amendments to its Articles of Association by the Qingdao Bureau of National Financial Regulatory Administration. As a result, the bank will dissolve its Board of Supervisors, with the audit committee assuming its functions. This move reflects a strategic shift in the bank’s governance structure, potentially impacting its operational oversight and aligning with regulatory requirements.
The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.
More about Bank of Qingdao Co., Ltd. Class H
Bank of Qingdao Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in banking services. It operates within the financial sector, focusing on providing banking and financial services to its customers.
Average Trading Volume: 8,086,951
Technical Sentiment Signal: Buy
Current Market Cap: HK$27.28B
For a thorough assessment of 3866 stock, go to TipRanks’ Stock Analysis page.