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The latest announcement is out from Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ).
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, along with a slate of non-executive and independent non-executive directors reflecting regulatory and governance requirements for a large listed bank. The board has established six specialized committees covering strategic planning, related party transactions control, audit, risk management, nomination and remuneration, and social responsibility and consumer rights protection, with clearly designated chairs and members, underscoring the bank’s focus on structured corporate governance, risk oversight, and stakeholder protection as it manages its operations and regulatory obligations in the Chinese and Hong Kong financial markets.
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 major Chinese commercial bank, listed in Hong Kong, that provides a broad range of retail and corporate banking services across the People’s Republic of China, with a particular focus on inclusive finance and serving individuals, small and micro enterprises, and rural customers.
Average Trading Volume: 28,122,067
Technical Sentiment Signal: Buy
Current Market Cap: HK$685.8B
See more insights into 1658 stock on TipRanks’ Stock Analysis page.