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China Merchants Bank Co ( (HK:3968) ) just unveiled an update.
China Merchants Bank has announced that non-executive director Sun Yunfei will resign from the board and from his role as a member of the Strategy and Sustainable Development Committee, effective 30 December 2025, citing age as the reason for his departure before the end of his original term in June 2028. The bank stated that Sun’s resignation will not reduce the board below its quorum requirement, that he has completed all required work handover, and that he has no disagreements with the board or issues needing disclosure to shareholders or creditors, indicating limited governance or operational disruption while the board expressed formal appreciation for his contributions.
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 joint stock commercial bank incorporated in the People’s Republic of China with limited liability, whose H shares are listed on the Hong Kong Stock Exchange. The bank provides a broad range of banking and financial services to corporate and retail clients and is a major player in China’s banking sector with an established governance structure comprising executive, non-executive and independent non-executive directors.
Average Trading Volume: 18,745,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1190.7B
For detailed information about 3968 stock, go to TipRanks’ Stock Analysis page.