According to the Zhitong Finance App, Postbank (01658.HK) issued an announcement. Recently, the bank received the “Approval from the State Financial Supervisory Authority on the absorption and merger of China Post Savings Bank Co., Ltd.” (Jin Fu (2025) No. 774). The State Administration of Financial Supervision and Administration has approved the bank to absorb and merge Yuhuiwan Bank and undertake its assets, liabilities, business and employees after liquidation and approval.

According to the Zhitong Finance App, Postbank (01658.HK) issued an announcement. Recently, the bank received the “Approval from the State Financial Supervisory Authority on the absorption and merger of China Post Savings Bank Co., Ltd.” (Jin Fu (2025) No. 774). The State Administration of Financial Supervision and Administration has approved the bank to absorb and merge Yuhuiwan Bank and undertake its assets, liabilities, business and employees after liquidation and approval.