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The latest announcement is out from Dongguan Rural Commercial Bank Co Ltd Class H ( (HK:9889) ).
Dongguan Rural Commercial Bank Co., Ltd. has announced the proposed appointment of four independent non-executive directors, which will be subject to shareholder and regulatory approval. This move is part of a broader strategy involving amendments to the Articles of Association and the dissolution of the Board of Supervisors, potentially impacting the bank’s governance structure and stakeholder relations.
The most recent analyst rating on (HK:9889) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Dongguan Rural Commercial Bank Co Ltd Class H stock, see the HK:9889 Stock Forecast page.
More about Dongguan Rural Commercial Bank Co Ltd Class H
Dongguan Rural Commercial Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing banking services. It is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -17.86%
Average Trading Volume: 351,078
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$23.01B
See more insights into 9889 stock on TipRanks’ Stock Analysis page.