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The latest announcement is out from Chongqing Rural Commercial Bank Co ( (HK:3618) ).
Chongqing Rural Commercial Bank Co., Ltd. has announced the current composition of its board of directors, comprising executive directors Liu Xiaojun and Sui Jun, non-executive directors Ma Bao, Dong Bin, Yuan Gang and Peng Yulong, and independent non-executive directors Lee Ming Hau, Li Jiaming and Bi Qian. The bank detailed the allocation of responsibilities across its eight board committees, with Sui Jun chairing several key committees, including strategic development, risk management, audit and nomination, and independent directors playing prominent roles in the audit, remuneration, related-party transaction supervision, Sannong financial services and consumer rights protection committees. The clarified governance structure underscores the bank’s emphasis on risk control, regulatory compliance, rural financial services, and consumer protection, providing greater transparency for shareholders and other stakeholders regarding oversight and decision-making roles within the institution.
The most recent analyst rating on (HK:3618) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on Chongqing Rural Commercial Bank Co stock, see the HK:3618 Stock Forecast page.
More about Chongqing Rural Commercial Bank Co
Chongqing Rural Commercial Bank Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China with limited liability, operating under a PRC banking financial licence. The bank focuses on rural and regional financial services, including “Sannong” (agriculture, rural areas and farmers) finance, and is regulated by mainland Chinese authorities rather than the Hong Kong Monetary Authority, meaning it is not authorised to conduct banking or deposit-taking business in Hong Kong.
Average Trading Volume: 10,770,706
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.24B
Learn more about 3618 stock on TipRanks’ Stock Analysis page.