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China CITIC Bank Announces Resignation of Chief Risk Officer

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China CITIC Bank Announces Resignation of Chief Risk Officer

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China CITIC Bank ( (HK:0998) ) has provided an announcement.

China CITIC Bank has announced the resignation of its Chief Risk Officer, Mr. Hu Gang, due to work arrangements. Despite stepping down from this role, Mr. Hu Gang will continue to serve as an executive director, vice president, and hold other significant positions within the bank, ensuring continuity in leadership. The bank has confirmed that there are no disagreements or disputes related to this resignation, and all duties have been properly handed over, minimizing any potential impact on the bank’s operations.

The most recent analyst rating on (HK:0998) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on China CITIC Bank stock, see the HK:0998 Stock Forecast page.

More about China CITIC Bank

China CITIC Bank Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the banking industry, providing a range of financial services and products. The bank is focused on serving both domestic and international markets, with a significant presence in Hong Kong through its subsidiary, CITIC Bank International Limited.

YTD Price Performance: 28.41%

Average Trading Volume: 41,562,066

Technical Sentiment Signal: Buy

Current Market Cap: HK$429.1B

See more insights into 0998 stock on TipRanks’ Stock Analysis page.

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