China CITIC Bank Corporation Limited

SEHK:998 Stock Report

Market Cap: HK$352.2b

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 1.42 years. total yearly compensation is CN¥2.35M, comprised of 68.9% salary and 31.1% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth HK$4.12M. The average tenure of the management team and the board of directors is 4.7 years and 2.8 years respectively.

Key information

Cheng Liu

Chief executive officer

CN¥2.4m

Total compensation

CEO salary percentage68.9%
CEO tenure1.4yrs
CEO ownership0.001%
Management average tenure4.7yrs
Board average tenure2.8yrs

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

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

Feb 29
Here's Why China CITIC Bank (HKG:998) Has Caught The Eye Of Investors

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

Nov 13
Should You Be Adding China CITIC Bank (HKG:998) To Your Watchlist Today?

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

Jul 30
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

Jun 25
China CITIC Bank's (HKG:998) Upcoming Dividend Will Be Larger Than Last Year's

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

Apr 26
Here's Why We Think China CITIC Bank (HKG:998) Is Well Worth Watching

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

Jan 03
China CITIC Bank (HKG:998) Ticks All The Boxes When It Comes To Earnings Growth

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

Jan 09
Here's Why We Think China CITIC Bank (HKG:998) Is Well Worth Watching

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

Sep 25
I Built A List Of Growing Companies And China CITIC Bank (HKG:998) Made The Cut

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

Feb 23
China CITIC Bank Corporation Limited (HKG:998) Is Yielding 7.6% - But Is It A Buy?

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

Dec 30
How Much Did China CITIC Bank's(HKG:998) Shareholders Earn From Share Price Movements Over The Last Three Years?

CEO Compensation Analysis

How has Cheng Liu's remuneration changed compared to China CITIC Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CN¥62b

Dec 31 2023CN¥2mn/a

CN¥62b

Sep 30 2023n/an/a

CN¥62b

Mar 31 2023n/an/a

CN¥59b

Dec 31 2022CN¥2mCN¥2m

CN¥57b

Compensation vs Market: Cheng's total compensation ($USD323.93K) is below average for companies of similar size in the Hong Kong market ($USD902.18K).

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


CEO

Cheng Liu (57 yo)

1.4yrs

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

NamePositionTenureCompensationOwnership
Heying Fang
Executive Chairman5.8yrsno data0.0017%
CN¥ 6.0m
Cheng Liu
President & Executive Director1.4yrsCN¥2.35m0.0012%
CN¥ 4.1m
Gang Hu
VP & Chief Risk Officer4.5yrsCN¥2.23m0.0030%
CN¥ 10.5m
Qing Zhang
Secretary of the Board & Joint Company Secretary4.9yrsCN¥1.87m0.0010%
CN¥ 3.6m
Xue Fengqing
Head of the Financial & Accounting Departmentno datano datano data
Mei Ha Kam
Joint Company Secretary17.3yrsno datano data

4.7yrs

Average Tenure

57yo

Average Age

Experienced Management: 998's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Heying Fang
Executive Chairman5.8yrsno data0.0017%
CN¥ 6.0m
Cheng Liu
President & Executive Director2.4yrsCN¥2.35m0.0012%
CN¥ 4.1m
Huacheng Wang
Independent Non-Executive Directorless than a yearCN¥69.70kno data
Guoqiang Cao
Non-Executive Director5.8yrsno datano data
Fang Huang
Non-Executive Director7.6yrsno datano data
Pusheng Cheng
Employee Representative Supervisor2.3yrsno data0.00066%
CN¥ 2.3m
Yufang Zeng
Employee Representative Supervisor6.8yrsno data0.00035%
CN¥ 1.2m
Guobin Wei
Chairman of Board of Supervisor4.1yrsno datano data
Bowen Zhou
Independent Non-Executive Directorless than a yearCN¥90.00kno data
Yankang Wang
Non-Executive Director3.2yrsno datano data
Tsz Bun Liu
Independent Non-Executive Director2yrsCN¥298.60kno data
Fangxiu Song
Independent Non-Executive Directorless than a yearCN¥51.90kno 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.


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