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Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) has provided an announcement.
Postal Savings Bank of China has received regulatory approval from the National Financial Regulatory Administration for the qualification of Mr. Pu Yonghao as an Independent Non-executive Director, following his election at the bank’s 2024 annual general meeting. Effective 13 January 2026, Pu will serve a three-year term on the board and join its Strategic Planning, Risk Management, and Social Responsibility and Consumer Rights Protection committees, strengthening the bank’s governance and oversight capabilities; the bank also noted his updated external directorships and formally welcomed him to the board.
The most recent analyst rating on (HK:1658) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Postal Savings Bank of China Co., Ltd. Class H stock, see the HK:1658 Stock Forecast page.
More about Postal Savings Bank of China Co., Ltd. Class H
Postal Savings Bank of China Co., Ltd. is a large Chinese commercial bank incorporated in the People’s Republic of China and listed in Hong Kong, focusing on retail and inclusive finance. While it carries “bank” in its name, it is not an authorized institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority, nor allowed to conduct banking or deposit-taking business in Hong Kong.
Average Trading Volume: 28,269,582
Technical Sentiment Signal: Buy
Current Market Cap: HK$668.6B
Learn more about 1658 stock on TipRanks’ Stock Analysis page.