Huishang Bank Proposes New Non-Executive Director Appointment

Huishang Bank ( (HK:3698) ) has issued an announcement.

Huishang Bank Corporation Limited has proposed the appointment of Mr. Wei Lixiang as a non-executive director. Mr. Wei’s extensive experience in financial management and his current roles at Anhui Guoyuan Financial Holding Group Co., Ltd. and Guoyuan Agricultural Insurance Co., Ltd. are expected to enhance the strategic direction of the bank. The appointment is pending approval from the bank’s general meeting and the National Financial Regulatory Administration Anhui Office.

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 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: 23.67%

Technical Sentiment Signal: Hold

Current Market Cap: $5.25B

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