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China CITIC Bank Announces Resignation of Long-Serving Director

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China CITIC Bank Announces Resignation of Long-Serving Director

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China CITIC Bank ( (HK:0998) ) has shared an update.

China CITIC Bank Corporation Limited announced the resignation of Mr. Cao Guoqiang, a non-executive director, effective April 8, 2025, due to his retirement. Mr. Cao, who served the bank for 20 years in various capacities, played a significant role in the bank’s development and reform initiatives, contributing to its high-quality growth. His departure is acknowledged with gratitude by the board for his exceptional contributions.

More about China CITIC Bank

China CITIC Bank Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the financial services industry. The bank focuses on providing a range of banking services including retail banking and corporate governance, with a strong emphasis on fiscal management and sustainable development.

YTD Price Performance: 6.72%

Average Trading Volume: 19,677

Technical Sentiment Signal: Strong Sell

Current Market Cap: $52.09B

See more insights into 0998 stock on TipRanks’ Stock Analysis page.

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