Zhongyuan Bank Co., Ltd. Class H ( (HK:1216) ) has shared an update.
Zhongyuan Bank Co., Ltd. has announced proposed amendments to its Articles of Association and the Rules of Procedures for its Shareholders’ General Meeting. These changes are intended to align with updated laws and regulations, and to reflect the bank’s current operational conditions. The amendments require approval from the bank’s shareholders and the China banking regulatory authority. The bank also seeks to grant its Board the authority to make necessary adjustments and handle procedural requirements with government and regulatory bodies.
More about Zhongyuan Bank Co., Ltd. Class H
Zhongyuan Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates within the banking industry, although it is not authorized to conduct banking or deposit-taking business in Hong Kong. The company is focused on providing financial services and operates under the regulatory framework of Chinese banking authorities.
YTD Price Performance: 11.67%
Average Trading Volume: 2,089,282
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.24B
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