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Huishang Bank Announces Supplemental Proposals for 2024 AGM

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Huishang Bank Announces Supplemental Proposals for 2024 AGM

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An update from Huishang Bank ( (HK:3698) ) is now available.

Huishang Bank has announced a supplemental notice for its 2024 Annual General Meeting, scheduled for June 10, 2025. The board received additional proposals from Zhongjing Xinhua Asset Investment Management Co., Ltd., a shareholder holding 1.62% of the bank’s ordinary shares. These proposals include resolutions on interim profit distribution, abolishment of the Board of Supervisors, and amendments to the Articles of Association concerning dividend distribution policy and proposing shareholders. The approval of these resolutions could impact the bank’s governance and shareholder relations, pending regulatory approval.

The most recent analyst rating on (HK:3698) stock is a Sell with a HK$2.01 price target. To see the full list of analyst forecasts on Huishang Bank stock, see the HK:3698 Stock Forecast page.

More about Huishang Bank

Huishang Bank Corporation Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the banking industry, focusing on providing a range of financial services and products. The bank is listed on the Hong Kong Stock Exchange under the stock code 3698.

Average Trading Volume: 2,828,218

Technical Sentiment Signal: Buy

Current Market Cap: HK$47.5B

Find detailed analytics on 3698 stock on TipRanks’ Stock Analysis page.

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