tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Chongqing Rural Commercial Bank Reshapes Key Board Committees After New Chairman’s Appointment

Story Highlights
  • Chongqing Rural Commercial Bank has adjusted its board’s special committee memberships after appointing Liu Xiaojun as chairman.
  • Liu Xiaojun now chairs the Strategic Development and Sannong Financial Services committees, while other board committees remain unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chongqing Rural Commercial Bank Reshapes Key Board Committees After New Chairman’s Appointment

Claim 50% Off TipRanks Premium

Chongqing Rural Commercial Bank Co ( (HK:3618) ) has issued an announcement.

Chongqing Rural Commercial Bank has reconfigured the membership of certain special committees of its fifth-session board of directors following the earlier appointment of Liu Xiaojun as chairman and executive director. Liu will now chair both the Strategic Development Committee, joined by board members Ma Bao and Bi Qian, and the Sannong Financial Services Committee, joined by Dong Bin and Li Jiaming, while the composition of other key board committees, including risk management, audit, nomination, remuneration, related-party transactions supervision and consumer rights protection, remains unchanged, indicating a targeted governance adjustment focused on strategy and rural financial services rather than a wholesale overhaul of board oversight structures.

The most recent analyst rating on (HK:3618) stock is a Buy with a HK$6.50 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 PRC-incorporated joint stock commercial bank focused on providing banking and financial services, including rural and “Sannong” (agriculture, rural areas and farmers) finance, primarily in Chongqing. The bank operates under a PRC financial licence and a corporate legal person business licence, but it is not an authorised institution under Hong Kong’s Banking Ordinance and is not permitted to conduct banking or deposit-taking business in Hong Kong.

Average Trading Volume: 10,349,730

Technical Sentiment Signal: Buy

Current Market Cap: HK$75.32B

For detailed information about 3618 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1