China Merchants Bank Announces Executive Director Resignation

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

China Merchants Bank Co., Ltd. announced the resignation of Mr. Zhu Jiangtao from his roles as an executive director, member of the Related Party Transactions Management and Consumer Rights Protection Committee, and Executive Vice President, effective May 23, 2025. His departure will not affect the quorum of the Board, and he has completed the necessary handover procedures. The Board expressed its gratitude for Mr. Zhu’s contributions, and he confirmed no disagreements with the Board or issues needing shareholder attention.

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 leading financial institution in China, primarily engaged in providing comprehensive banking services. It operates in the banking industry, focusing on retail and corporate banking services, and is known for its strong market presence in the People’s Republic of China.

Average Trading Volume: 25,520,988

Technical Sentiment Signal: Buy

Current Market Cap: HK$1226B

For a thorough assessment of 3968 stock, go to TipRanks’ Stock Analysis page.