Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update.
The Postal Savings Bank of China has announced a Board meeting scheduled for May 30, 2024, to discuss and approve arrangements for the interim profit distribution for the year. This notice underscores the bank’s proactive approach in financial planning, potentially signaling an important update for shareholders and investors interested in the bank’s financial decisions. The Bank, while significant in China, is not authorized to conduct banking in Hong Kong nor under the supervision of the Hong Kong Monetary Authority.
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