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Huishang Bank ( (HK:3698) ) just unveiled an announcement.
Huishang Bank Corporation Limited has announced significant corporate governance changes, including the proposed abolishment of its Board of Supervisors. This move is intended to streamline governance by transferring supervisory powers to the Audit Committee under the Board of Directors, in accordance with regulatory requirements. Additionally, the bank plans to amend its Articles of Association and the rules of procedure for both the General Meeting and the Board, aiming to enhance its corporate governance framework. These changes are subject to approval by the general meeting and relevant regulatory authorities.
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 company incorporated in the People’s Republic of China, operating in the banking industry. It provides a range of financial services and products, focusing on serving the local market within China.
Average Trading Volume: 5,125,140
Technical Sentiment Signal: Buy
Current Market Cap: HK$49.59B
For detailed information about 3698 stock, go to TipRanks’ Stock Analysis page.