SEHK:2016Banks
A Look At China Zheshang Bank (SEHK:2016) Valuation After Governance Overhaul And Supervisory Board Removal
China Zheshang Bank (SEHK:2016) has introduced a new governance setup after receiving National Financial Regulatory Administration approval to amend its Articles of Association, removing the Board of Supervisors and assigning its powers to the Audit Committee.
See our latest analysis for China Zheshang Bank.
These governance changes come shortly after the approval of a final cash dividend and arrive at a time when the share price, at HK$2.54, shows limited short term movement. The three year...