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An announcement from Huishang Bank ( (HK:3698) ) is now available.
Huishang Bank has announced that the National Financial Regulatory Administration Anhui Office has formally approved the qualification of Mr. Wei Lixiang to serve as a non-executive director on the bank’s fourth session board of directors. This regulatory clearance finalizes his election, previously endorsed at the 2024 annual general meeting, and further solidifies the bank’s board composition, which now includes a mix of executive, non-executive and independent non-executive directors, potentially reinforcing its governance structure and regulatory compliance profile in the mainland Chinese banking sector.
The most recent analyst rating on (HK:3698) stock is a Sell with a HK$2.71 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 commercial bank incorporated in the People’s Republic of China and headquartered in Hefei, Anhui Province. Listed in Hong Kong under stock code 3698, it focuses on providing banking and financial services in mainland China but is not an authorized institution under Hong Kong’s Banking Ordinance and therefore is not supervised by the Hong Kong Monetary Authority nor permitted to conduct banking or deposit-taking business in Hong Kong.
Average Trading Volume: 7,114,060
Technical Sentiment Signal: Buy
Current Market Cap: HK$44.45B
For a thorough assessment of 3698 stock, go to TipRanks’ Stock Analysis page.