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Resignation of Postal Savings Bank of China’s Board Chairman Announced

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Resignation of Postal Savings Bank of China’s Board Chairman Announced

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Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) just unveiled an update.

The Postal Savings Bank of China Co., Ltd. announced the resignation of Mr. Chen Yuejun, the chairman of the Board of Supervisors, effective September 23, 2025, due to reaching the statutory retirement age. Mr. Chen has been with the bank since 2012 and has played a significant role in enhancing corporate governance and promoting the bank’s stable operation. His leadership was marked by adherence to the guidance of Xi Jinping Thought and the integration of the Party’s leadership with corporate governance, contributing to high-quality development and safeguarding stakeholders’ interests.

The most recent analyst rating on (HK:1658) stock is a Buy with a HK$6.42 price target. To see the full list of analyst forecasts on Postal Savings Bank of China Co., Ltd. Class H stock, see the HK:1658 Stock Forecast page.

More about Postal Savings Bank of China Co., Ltd. Class H

Postal Savings Bank of China Co., Ltd. is a joint stock limited liability company incorporated in the People’s Republic of China. It operates in the financial services industry, focusing on banking services. The company is not authorized to carry on banking and/or deposit-taking business in Hong Kong and is not subject to the supervision of the Hong Kong Monetary Authority.

Average Trading Volume: 43,552,172

Technical Sentiment Signal: Buy

Current Market Cap: HK$729.2B

For a thorough assessment of 1658 stock, go to TipRanks’ Stock Analysis page.

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