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China CITIC Bank ( (HK:0998) ) just unveiled an update.
China CITIC Bank has announced changes in its executive leadership with the resignation of Mr. Liu Cheng as President and executive director due to a change in work arrangements. Liu Cheng played a significant role in the bank’s development, emphasizing strategic plans and risk management. Lu Wei, with extensive experience in the Chinese banking industry, has been appointed as the new President, effective upon regulatory approval. This leadership transition is expected to continue the bank’s strategic focus on supporting the real economy through various financial services.
More about China CITIC Bank
China CITIC Bank Corporation Limited operates within the Chinese banking industry, offering a range of financial services. The bank focuses on technology finance, green finance, inclusive finance, pension finance, and digital finance, aligning with national economic and financial policies.
YTD Price Performance: 8.66%
Average Trading Volume: 32,533
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $47.88B
Find detailed analytics on 0998 stock on TipRanks’ Stock Analysis page.
