Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) has provided an announcement.
Postal Savings Bank of China has announced a supplemental notice for its 2024 Annual General Meeting, where additional resolutions will be considered. These include proposals related to the issuance of A shares to specific subscribers, detailing aspects such as the class and nominal value of securities, issuance method, and use of proceeds. The resolutions aim to enhance the bank’s capital structure and strategic positioning, potentially impacting shareholder returns and related party transactions.
More about Postal Savings Bank of China Co., Ltd. Class H
Postal Savings Bank of China Co., Ltd. is a major banking institution in China, focusing on providing comprehensive financial services. It operates within the financial services industry, offering a wide range of banking products and services to individual and corporate clients, with a strong emphasis on postal savings and retail banking.
YTD Price Performance: 8.52%
Average Trading Volume: 67,438,965
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$533B
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