<div id="readability-page-1"><h3>Claim 70% Off TipRanks Premium</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential</li></ul>The latest update is out from Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ). Postal Savings Bank of China Co., Ltd. announced that its 2026 First Extraordinary General Meeting was duly convened in Beijing with a high turnout, with shareholders and proxies representing about 90.48% of the voting shares entitled to vote. At the meeting, shareholders approved an ordinary resolution to elect Lu Wei as an Executive Director, with approximately 99.89% of votes cast in favor, reinforcing the existing governance structure and leadership continuity at the bank. The most recent analyst rating on (HK:1658) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Postal Savings Bank of China Co., Ltd. Class H stock, see the HK:1658 Stock Forecast page. More about Postal Savings Bank of China Co., Ltd. Class H Postal Savings Bank of China Co., Ltd. is a joint stock limited liability company incorporated in the People’s Republic of China and listed in Hong Kong. It operates as a large commercial bank, offering savings, lending and other financial services across China, with its H shares registered and serviced through Computershare Hong Kong Investor Services Limited. The bank is not an authorized institution under Hong Kong’s Banking Ordinance and is therefore not supervised by the Hong Kong Monetary Authority and cannot conduct banking or deposit-taking business in Hong Kong. Average Trading Volume: 28,354,665 Technical Sentiment Signal: Buy Current Market Cap: HK$657.5B Learn more about 1658 stock on TipRanks’ Stock Analysis page.</div>

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Postal Savings Bank of China Co., Ltd. held its 2026 First Extraordinary General Meeting in Beijing, with 90.48% of voting shares represented. Shareholders elected Lu Wei as Executive Director, with 99.89% approval, ensuring governance continuity. The stock (HK:1658) has a Buy rating and a price target of HK$5.90. The bank, a large commercial entity in China, is not supervised by the Hong Kong Monetary Authority and cannot conduct banking in Hong Kong. Current market cap is HK$657.5B.

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Postal Savings Bank of China Shareholders Elect Lu Wei as Executive Director at 2026 EGM