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China Merchants Bank Abolishes Board of Supervisors After Governance Overhaul Approval

Story Highlights
  • China Merchants Bank obtained regulatory approval for its revised Articles of Association, effective 2025.
  • The bank is abolishing its Board of Supervisors, shifting oversight duties to the Audit Committee under the Board of Directors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Merchants Bank Abolishes Board of Supervisors After Governance Overhaul Approval

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China Merchants Bank Co ( (HK:3968) ) has provided an update.

China Merchants Bank has received regulatory approval from the National Financial Regulatory Administration for its 2025 revision of the Articles of Association, paving the way for a structural overhaul of its governance framework. Effective 18 December 2025, the bank will abolish its Board of Supervisors and transfer the supervisory functions and powers required by law to the Audit Committee under the Board of Directors, while simultaneously repealing the procedural rules governing the former supervisory body; the existing supervisors have stepped down without disagreement, signaling an orderly transition that aligns the bank’s governance structure with evolving regulatory expectations and potentially streamlines oversight and decision-making.

The most recent analyst rating on (HK:3968) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on China Merchants Bank Co stock, see the HK:3968 Stock Forecast page.

More about China Merchants Bank Co

China Merchants Bank Co., Ltd. is a leading joint stock commercial bank incorporated in the People’s Republic of China and listed in Hong Kong and Shanghai. It provides a broad range of banking and financial services to retail and corporate clients and is a major player in China’s financial sector, subject to oversight by national financial regulators.

Average Trading Volume: 18,642,795

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1172.5B

For detailed information about 3968 stock, go to TipRanks’ Stock Analysis page.

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