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Bank of Shanghai announces valuation boost plan

April 9, 2025 at 05:09 AM UTCBy FilingReader AI

Bank of Shanghai (SSE:601229) today announced a comprehensive valuation enhancement plan approved by its board of directors on April 8, 2025. This initiative aims to address the persistent undervaluation of the company's shares, which triggered the plan's implementation based on the stock's performance relative to its net asset value per share in 2024.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601229Shanghai Stock Exchange
Shanghai Blue ChipBanks

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