Postal Savings Bank of China Concludes Key Shareholder Meetings

Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) has issued an update.

Postal Savings Bank of China Co., Ltd. announced the successful conclusion of its 2024 Annual General Meeting and the 2025 Shareholders’ Class Meetings. The meetings were conducted in compliance with relevant laws and regulations, with significant shareholder participation. Key resolutions were discussed, although certain shareholders, including China Mobile Group and CSSC, abstained from voting on specific proposals related to the issuance of A Shares and strategic cooperation agreements. The outcomes of these meetings are expected to influence the bank’s strategic direction and stakeholder relationships.

More about Postal Savings Bank of China Co., Ltd. Class H

Postal Savings Bank of China Co., Ltd. is a major financial institution in China, primarily engaged in providing banking services. It focuses on retail banking, offering a range of financial products and services to individuals and businesses across the country.

YTD Price Performance: 4.15%

Average Trading Volume: 72,526,550

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$526B

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