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Postal Savings Bank of China Sets Out Board and Committee Structure

Story Highlights
  • Postal Savings Bank of China announced the current composition of its Board of Directors.
  • The bank detailed membership of six key board committees, reinforcing its governance structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Postal Savings Bank of China Sets Out Board and Committee Structure

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

Postal Savings Bank of China Co., Ltd. has announced the current composition of its Board of Directors, led by non-executive chairman Zheng Guoyu and executive director Yao Hong, alongside a slate of non-executive and independent non-executive directors. The bank has also detailed the structure and membership of its six specialized board committees—covering strategic planning, related party transactions control, audit, risk management, nomination and remuneration, and social responsibility and consumer rights protection—clarifying chairperson and member roles, which underlines its governance framework and oversight mechanisms for key operational and stakeholder-related matters.

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 major commercial bank in the People’s Republic of China, listed in Hong Kong, providing a broad range of retail and corporate banking services. The bank focuses on inclusive finance and nationwide branch coverage, serving individual customers, small and micro enterprises, and rural markets through its extensive postal and banking network.

Average Trading Volume: 28,319,554

Technical Sentiment Signal: Buy

Current Market Cap: HK$683.2B

For an in-depth examination of 1658 stock, go to TipRanks’ Overview page.

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