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Postal Savings Bank of China Secures Approval for Articles of Association Amendments

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Postal Savings Bank of China Secures Approval for Articles of Association Amendments

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

Postal Savings Bank of China Co., Ltd. has received approval from the National Financial Regulatory Administration for amendments to its Articles of Association, which were approved at an extraordinary general meeting. These changes are now effective, potentially impacting the bank’s governance and operational framework.

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 services. The bank is not authorized to conduct 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.

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