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CM BANK Attaches Great Importance to Mkt Cap Mgmt, Establishes Dedicated Task Force for Regular Analysis
2026-06-25 15:35:34 CM BANK (03968.HK)'s share price sank with the broader market today and last quoted at HKD44.46, down 2.8%. Board Secretary Peng Jiawen said he believes shareholders are not satisfied with the current share price, while noting that many factors affect the stock price and the bank will focus on its own operations. He added that the bank attaches great importance to market cap management. It has established a dedicated task force and holds regular analysis meetings. The market cap management framework comprises three levels: value creation, value discovery, and value operation. Among them, value operation includes enhancing the company’s market cap through tools such as dividends and share buybacks. Regarding PING AN (02318.HK) increasing its stake in CM BANK in recent years, Peng said the company has communicated with PING AN and expressed gratitude for its trust. He believes the stake increase reflects strong confidence in the bank’s operations and management, and that PING AN aims to achieve better investment returns through high dividend payouts. ~ AASTOCKS Financial News Website: www.aastocks.com | |