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Bank of Communications Co ( (HK:3328) ) has shared an update.
Bank of Communications Co., Ltd. has received approval from the National Administration of Financial Regulation for amendments to its Articles of Association, which have now come into effect. As a result, the bank will cancel its Board of Supervisors, with the Audit Committee of the Board of Directors assuming its responsibilities. This move is not expected to negatively impact the bank’s corporate governance or business management.
The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.
More about Bank of Communications Co
Bank of Communications Co., Ltd. is a financial institution incorporated in the People’s Republic of China. It operates in the banking industry, providing a range of financial services and products. The company focuses on corporate governance and regulatory compliance within the financial sector.
Average Trading Volume: 23,895,939
Technical Sentiment Signal: Buy
Current Market Cap: HK$607B
Learn more about 3328 stock on TipRanks’ Stock Analysis page.