China CITIC Bank Management

Management criteria checks 3/4

China CITIC Bank's CEO is Cheng Liu, appointed in Jan 2023, has a tenure of 1.83 years. directly owns 0.001% of the company’s shares, worth HK$4.05M. The average tenure of the management team and the board of directors is 3.4 years and 2.8 years respectively.

Key information

Cheng Liu

Chief executive officer

CN¥2.4m

Total compensation

CEO salary percentage	n/a
CEO tenure	1.8yrs
CEO ownership	0.001%
Management average tenure	3.4yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

China CITIC Bank (HKG:998) Will Pay A Larger Dividend Than Last Year At CN¥0.3907

Jun 28

China CITIC Bank Corporation Limited (HKG:998) Is Yielding 7.6% - But Is It A Buy?

Feb 23

How Much Did China CITIC Bank's(HKG:998) Shareholders Earn From Share Price Movements Over The Last Three Years?

Dec 30

CEO Compensation Analysis

How has Cheng Liu's remuneration changed compared to China CITIC Bank's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CN¥63b
Jun 30 2024	n/a	n/a	CN¥62b
Mar 31 2024	n/a	n/a	CN¥62b
Dec 31 2023	CN¥2m	n/a	CN¥62b
Sep 30 2023	n/a	n/a	CN¥62b
Jun 30 2023	n/a	n/a	CN¥61b
Mar 31 2023	n/a	n/a	CN¥59b
Dec 31 2022	CN¥2m	CN¥2m	CN¥57b

Compensation vs Market: Cheng's total compensation ($USD324.77K) is below average for companies of similar size in the Hong Kong market ($USD931.12K).

Compensation vs Earnings: Cheng's compensation has been consistent with company performance over the past year.

CEO

Cheng Liu (57 yo)

1.8yrs

Tenure

CN¥2,352,500

Compensation

Mr. Cheng Liu is Non-Executive Director of China CITIC Bank International Limited from September 28, 2023. He served as Executive Vice President of China CITIC Bank Corporation Limited since January 07, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heying Fang	Executive Chairman	6.2yrs	no data	0.0017% HK$ 6.0m
Cheng Liu	President & Executive Director	1.8yrs	CN¥2.35m	0.0012% HK$ 4.0m
Gang Hu	VP & Chief Risk Officer	4.9yrs	CN¥2.23m	0.0030% HK$ 10.6m
Qing Zhang	Secretary of the Board & Joint Company Secretary	5.3yrs	CN¥1.87m	0.0010% HK$ 3.6m
Xue Fengqing	Head of the Financial & Accounting Department	no data	no data	no data
Chun Zhang	Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Department	no data	no data	no data
Yuet Fan Cheung	Joint Company Secretary	less than a year	no data	no data

3.4yrs

Average Tenure

57yo

Average Age

Experienced Management: 998's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Heying Fang	Executive Chairman	6.2yrs	no data	0.0017% HK$ 6.0m
Cheng Liu	President & Executive Director	2.8yrs	CN¥2.35m	0.0012% HK$ 4.0m
Chun Zhang	Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Department	less than a year	no data	no data
Huacheng Wang	Independent Non-Executive Director	1.1yrs	CN¥69.70k	no data
Guoqiang Cao	Non-Executive Director	6.2yrs	no data	no data
Fang Huang	Non-Executive Director	8yrs	no data	no data
Pusheng Cheng	Employee Representative Supervisor	2.7yrs	no data	0.00066% HK$ 2.3m
Guobin Wei	Chairman of Board of Supervisor	4.5yrs	no data	no data
Bowen Zhou	Independent Non-Executive Director	1.3yrs	CN¥90.00k	no data
Yankang Wang	Non-Executive Director	3.6yrs	no data	no data
Tsz Bun Liu	Independent Non-Executive Director	2.4yrs	CN¥298.60k	no data
Fangxiu Song	Independent Non-Executive Director	1.1yrs	CN¥51.90k	no data

2.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 998's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

China CITIC Bank Management

Management criteria checks 3/4

Key information

Recent management updates

China CITIC Bank Corporation Limited, Annual General Meeting, Jun 20, 2024

China CITIC Bank Corporation Limited Announces Resignation of Wang Kang as Chief Financial Officer

China CITIC Bank Corporation Limited Announced Resignation of Chen Panwu as Employee Representative Supervisor and A Member of the Nomination Committee

China Citic Bank Corporation Limited Announces Resignation of Mr. Guo Danghuai as Executive Director and Member of Risk Management Committee of the Board

China CITIC Bank Corporation Limited Announces Board Changes with Effect from October 7, 2023

China CITIC Bank Corporation Limited Announces Zhou Bowen to Act as an Independent Non-Executive Director

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.29 in 3Q 2023)

China CITIC Bank Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024

Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.31 in 2Q 2023)

Consensus EPS estimates fall by 11%

China CITIC Bank (HKG:998) Will Pay A Larger Dividend Than Last Year At CN¥0.3907

China CITIC Bank Corporation Limited to Report First Half, 2024 Results on Aug 29, 2024

China Citic Bank Corporation Limited Approves Final Ordinary Dividend for the Year Ended December 31, 2023 Payable on 31 July 2024

Upcoming dividend of CN¥0.36 per share

First quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.39 in 1Q 2023)

China CITIC Bank Corporation Limited, Annual General Meeting, Jun 20, 2024

China CITIC Bank Corporation Limited Announces Resignation of Wang Kang as Chief Financial Officer

New minor risk - Shareholder dilution

China CITIC Bank Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024

Dividend of CN¥0.36 announced

China CITIC Bank Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 18 July 2024

Consensus EPS estimates increase by 12%

Here's Why China CITIC Bank (HKG:998) Has Caught The Eye Of Investors

China CITIC Bank Corporation Limited Announced Resignation of Chen Panwu as Employee Representative Supervisor and A Member of the Nomination Committee

China CITIC Bank Corporation Limited to Report Fiscal Year 2023 Results on Mar 22, 2024

Should You Be Adding China CITIC Bank (HKG:998) To Your Watchlist Today?

China Citic Bank Corporation Limited Announces Resignation of Mr. Guo Danghuai as Executive Director and Member of Risk Management Committee of the Board

China CITIC Bank Corporation Limited Announces Board Changes with Effect from October 7, 2023

China CITIC Bank Corporation Limited to Report Q3, 2023 Results on Oct 27, 2023

China CITIC Bank Corporation Limited Announces Zhou Bowen to Act as an Independent Non-Executive Director

Should You Be Adding China CITIC Bank (HKG:998) To Your Watchlist Today?

China CITIC Bank's (HKG:998) Upcoming Dividend Will Be Larger Than Last Year's

China CITIC Bank Corporation Limited Elects Song Fangxiu as Independent Non-Executive Director

Upcoming dividend of CN¥0.33 per share at 8.7% yield

China CITIC Bank Corporation Limited, Annual General Meeting, Jun 21, 2023

Here's Why We Think China CITIC Bank (HKG:998) Is Well Worth Watching

VP & Executive Director recently bought HK$2.0m worth of stock

China CITIC Bank (HKG:998) Ticks All The Boxes When It Comes To Earnings Growth

China CITIC Bank Corporation Limited Announces Resignation of Qian Jun as Director

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.24 in 3Q 2021)

China CITIC Bank Corporation Limited to Report Q3, 2022 Results on Oct 27, 2022

China CITIC Bank Corporation Limited Announces Resignation of Mr. Lu Wei as Vice President

Executive Vice Chairman & President recently bought HK$618k worth of stock

Second quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 2Q 2021)

China CITIC Bank Corporation Limited to Report First Half, 2022 Results on Aug 25, 2022

Executive VP & Executive Director recently bought HK$1.5m worth of stock

Insider recently bought HK$1.2m worth of stock

China Citic Bank Corporation Limited Announces Board Resignations

China CITIC Bank Corporation Limited Receives Qualification Approval of Liu Tsz Bun Bennett to Act as Independent Non-Executive Director from China Banking and Insurance Regulatory Commission

China CITIC Bank Corporation Limited Approves Final Dividend for the Year Ended December 31, 2021, Payable on 28 July 2022

Upcoming dividend of CN¥0.30 per share

China CITIC Bank Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 28 July 2022

China CITIC Bank Corporation Limited, Annual General Meeting, Jun 23, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

China CITIC Bank Corporation Limited to Report Q1, 2022 Results on Apr 29, 2022

Here's Why We Think China CITIC Bank (HKG:998) Is Well Worth Watching

Chairman of the Supervisor Board Cheng Liu has left the company

Third quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.21 in 3Q 2020)

I Built A List Of Growing Companies And China CITIC Bank (HKG:998) Made The Cut

Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 2Q 2020)

Upcoming dividend of CN¥0.25 per share

First quarter 2021 earnings released

Full year 2020 earnings released: EPS CN¥0.94 (vs CN¥0.95 in FY 2019)

Executive Chairperson has left the company

China CITIC Bank Corporation Limited Announces Committee Appointments

China CITIC Bank Corporation Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

China CITIC Bank Corporation Limited (HKG:998) Is Yielding 7.6% - But Is It A Buy?

New 90-day high: HK$3.77

China CITIC Bank Corporation Limited Approves Appointment of Li Rong as A Shareholder Representative

New 90-day high: HK$3.50

How Much Did China CITIC Bank's(HKG:998) Shareholders Earn From Share Price Movements Over The Last Three Years?

VP & Executive Director recently bought HK$1.3m worth of stock

Executive Chairperson recently bought HK$328k worth of stock