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Agricultural Bank of China Restructures Governance with Board of Supervisors Dissolution

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Agricultural Bank of China Restructures Governance with Board of Supervisors Dissolution

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Agricultural Bank of China ( (HK:1288) ) has provided an announcement.

Agricultural Bank of China Limited has announced the dissolution of its Board of Supervisors following the approval of amendments to its Articles of Association by the National Financial Regulatory Administration. The functions and powers of the dissolved board will now be assumed by the Audit Committee of the bank’s board of directors, in accordance with Chinese company law. This restructuring is expected to streamline the bank’s governance and enhance its operational efficiency.

The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.00 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.

More about Agricultural Bank of China

Agricultural Bank of China Limited is a major financial institution in China, providing a wide range of banking services. It operates within the financial industry, focusing on offering comprehensive banking solutions to its customers.

Average Trading Volume: 122,790,070

Technical Sentiment Signal: Buy

Current Market Cap: HK$2451.3B

Find detailed analytics on 1288 stock on TipRanks’ Stock Analysis page.

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