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China Merchants Bank Announces Director Resignation

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China Merchants Bank Announces Director Resignation

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An announcement from China Merchants Bank Co ( (HK:3968) ) is now available.

China Merchants Bank Co., Ltd. announced the resignation of Mr. Tian Hongqi, an independent non-executive director, due to the expiry of his six-year term. Mr. Tian will continue his duties until a new director is elected and approved. His departure will not affect the board’s quorum, and he leaves without any disagreements or unfulfilled commitments. The board expressed gratitude for his contributions.

The most recent analyst rating on (HK:3968) stock is a Buy with a HK$38.58 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 major financial institution in China, offering a wide range of banking services and products. The company focuses on providing comprehensive financial solutions to its clients, including personal banking, corporate banking, and wealth management services.

YTD Price Performance: 30.87%

Average Trading Volume: 19,021,936

Technical Sentiment Signal: Buy

Current Market Cap: HK$1228.5B

See more data about 3968 stock on TipRanks’ Stock Analysis page.

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