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Zhongyuan Bank Co., Ltd. Class H ( (HK:1216) ) just unveiled an announcement.
Zhongyuan Bank Co., Ltd. announced that the Henan Office of the National Financial Regulatory Administration has approved the qualification of Mr. Zhou Feng to serve as an executive director and vice chairman of the bank’s third session of the board, following his earlier appointment as president. His term as director and vice chairman begins on 4 January 2026 and will run until the re-election of the current board, with eligibility for re-election, formalizing a key leadership consolidation that may strengthen governance continuity and executive oversight for the regional lender.
The most recent analyst rating on (HK:1216) stock is a Hold with a HK$0.32 price target. To see the full list of analyst forecasts on Zhongyuan Bank Co., Ltd. Class H stock, see the HK:1216 Stock Forecast page.
More about Zhongyuan Bank Co., Ltd. Class H
Zhongyuan Bank Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China and listed in Hong Kong, with its business primarily focused on providing banking and financial services in Henan province and the broader mainland China market. The bank is not an authorized institution under Hong Kong’s Banking Ordinance and is therefore not supervised by the Hong Kong Monetary Authority nor permitted to conduct banking or deposit-taking business in Hong Kong.
Average Trading Volume: 1,538,909
Technical Sentiment Signal: Sell
Current Market Cap: HK$11.7B
For a thorough assessment of 1216 stock, go to TipRanks’ Stock Analysis page.