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Postal Savings Bank of China Gains Regulatory Nod for New Non-Executive Director

Story Highlights
  • Postal Savings Bank of China secured regulatory approval for Chen Xue as non-executive director.
  • Chen Xue will serve a three-year term and join the Risk Management and Nomination and Remuneration Committees.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Postal Savings Bank of China Gains Regulatory Nod for New Non-Executive Director

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An update from Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) is now available.

Postal Savings Bank of China has received regulatory approval from China’s National Financial Regulatory Administration for the appointment of Chen Xue as a non-executive director, following her election at the bank’s 2025 Second Extraordinary General Meeting. Effective 29 December 2025, Chen will serve a three-year term on the board and will also sit on the bank’s Risk Management Committee and Nomination and Remuneration Committee, strengthening its governance structure and oversight of risk and board-level appointments and pay.

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 specializing in retail and inclusive finance, offering deposit, lending, and other financial services across the mainland market. Its H-shares are listed in Hong Kong, though the institution is not licensed as a bank in Hong Kong and does not conduct regulated banking or deposit-taking business under local banking laws.

Average Trading Volume: 28,122,067

Technical Sentiment Signal: Buy

Current Market Cap: HK$685.8B

For detailed information about 1658 stock, go to TipRanks’ Stock Analysis page.

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