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Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) just unveiled an announcement.
Postal Savings Bank of China Co., Ltd. has announced the dissolution of its Board of Supervisors following the approval of amendments to its Articles of Association by the National Financial Regulatory Administration. The functions of the Board of Supervisors will now be assumed by the Audit Committee of the Board of Directors. The decision marks a significant shift in the bank’s governance structure, potentially impacting its operational oversight and strategic direction.
The most recent analyst rating on (HK:1658) stock is a Buy with a HK$6.42 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 joint stock limited liability company incorporated in the People’s Republic of China. It operates within the financial services industry, focusing on banking and financial solutions. The bank is not authorized to carry on banking or deposit-taking business in Hong Kong and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 30,376,345
Technical Sentiment Signal: Buy
Current Market Cap: HK$678.7B
See more insights into 1658 stock on TipRanks’ Stock Analysis page.