ICBC Announces Resignation of Two Non-Executive Directors

Industrial and Commercial Bank of China ( (HK:1398) ) has issued an update.

Industrial and Commercial Bank of China Limited announced the resignation of two non-executive directors, Mr. Feng Weidong and Ms. Chen Yifang, effective May 30, 2025. Mr. Feng resigned due to age, while Ms. Chen’s departure was due to the expiration of her term. Both directors have made significant contributions to the bank in areas such as corporate governance and risk management, and their departures will not affect the board’s legal composition. The bank expressed gratitude for their service.

The most recent analyst rating on (HK:1398) stock is a Hold with a HK$4.80 price target. To see the full list of analyst forecasts on Industrial and Commercial Bank of China stock, see the HK:1398 Stock Forecast page.

More about Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited (ICBC) is a joint stock limited company incorporated in the People’s Republic of China. It operates within the financial industry, offering a range of banking services and products. The company is listed on the Hong Kong Stock Exchange and focuses on providing comprehensive financial solutions to its clients.

Average Trading Volume: 275,307,786

Technical Sentiment Signal: Buy

Current Market Cap: HK$2564.7B

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