China CITIC Bank Corporation (00998.HK): Received a notice from Shanghai Stock Exchange to resume review.

On January 23, Gelonghui reported that China CITIC Bank Corporation (00998.HK) announced its proposal to issue A-shares and Listed in Hong Kong shares through a rights issue, extend the validity period of the shareholder meeting resolution for the preferential allotment of shares to original Shareholders, and related matters including receiving a notice of suspension from the Exchange for review. The bank will publish an announcement on October 31, 2024, stating that due to the provisions of Article 60, Item (2) of the Shanghai Stock Exchange's Rules for the Review of Stock Issuance and Listing, it is required to replace PricewaterhouseCoopers Zhong Tian LLP, which was the accountant in the application for preferential allotment of shares to original A-share Shareholders, according to the regulations of the Shanghai Securities Exchange.

Gelonghui FinanceJan 23 04:32 ET

Express News | China CITIC Bank - Uncertainty Whether or When Approval by SSE and Consent of Csrc to Registration Will Be Obtained

ReutersJan 23 04:31 ET

Express News | China CITIC Bank - SSE Has Agreed to Resume Review of Bank's Refinancing Business.

ReutersJan 23 04:30 ET

Hong Kong stocks are moving unusually | China Mainland Banking stocks are rising across the board as listed Banks have been intensively distributing dividends recently. Institutions indicate that the Sector still has upward valuation potential.

China Mainland Banking stocks are all on the rise. As of the time of publication, Postal Savings Bank Of China (01658) is up 3.08%, priced at 4.68 Hong Kong dollars; Industrial And Commercial Bank Of China (01398) is up 2.21%, priced at 5.09 Hong Kong dollars; China CITIC Bank Corporation (00998) is up 2.23%, priced at 5.49 Hong Kong dollars.

Zhitong FinanceJan 22 21:51 ET

Optimism for China CITIC Bank (HKG:998) Has Grown This Past Week, Despite One-year Decline in Earnings

Simply Wall StJan 21 23:01 ET

Are Banks under pressure from interest margins looking to Overseas for profits? The 2025 annual plan reveals that Overseas Business may become a new highlight.

① The Industrial And Commercial Bank Of China stated that efforts should be made to explore a second growth curve for Overseas Operation; ② For companies going global, it means that both upstream and downstream industries are venturing overseas together, which means more Chinese enterprises are setting up factories and operating locally.

cls.cnJan 20 07:35 ET