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MarketScreener Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  China CITIC Bank Corporation Limited    601998   CNE1000000R4

CHINA CITIC BANK CORPORATION LIMITED

(601998)
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China Construction Bank VP to Lead China Everbright Bank

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01/13/2014 | 10:56pm EDT

BEIJING--China Construction Bank (>> China Construction Bank Corporation) vice president Zhao Huan will be appointed as president of China Everbright Bank (>> China Everbright Bank Co., Ltd) amid a reshuffle of several bank executives, China Business News reported on Monday.

China Everbright Bank's current president, Guo You, will become chairman of China Construction Bank's board of supervisors, the report said, citing unnamed sources.

State-owned China Construction Bank is the country's second-largest lender by assets, while mid-sized China Everbright Bank launched an initial public offering in Hong Kong last month.

China Construction Bank declined to comment on the personnel change, while China Everbright Bank couldn't be reached for comment.

The report also said that Zhu Xiaohuang, president of China Citic Bank (>> China CITIC Bank Corporation Limited), would leave his post to become chairman of China Citic Group's board of supervisors. The bank, China's seventh-largest lender by assets, has so far declined to comment on the matter.

Write to Grace Zhu at grace.zhu@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
CHINA CITIC BANK CORPORATION LIMITED 0.52% 5.82 End-of-day quote.6.79%
CHINA CONSTRUCTION BANK CORPORATION 0.72% 7.01 End-of-day quote.10.05%
CHINA EVERBRIGHT BANK -0.26% 3.86 End-of-day quote.4.32%
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Financials (CNY)
Sales 2019 178 B
EBIT 2019 94 260 M
Net income 2019 47 077 M
Debt 2019 -
Yield 2019 4,38%
P/E ratio 2019 6,20
P/E ratio 2020 5,76
Capi. / Sales 2019 1,45x
Capi. / Sales 2020 1,35x
Capitalization 259 B
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Technical analysis trends CHINA CITIC BANK CORPORATI
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Mean consensus HOLD
Number of Analysts 18
Average target price 5,56  CNY
Spread / Average Target -4,4%
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Managers
NameTitle
De Shun Sun President & Executive Director
Qing Ping Li Chairman
Cheng Liu Chairman-Supervisory Board
He Ying Fang Chief Financial Officer & Vice President
Guo Qiang Cao Non-Executive Director