At China Merchants Bank’s shareholder meeting in Shenzhen on June 25, party secretary and president nominee Wang Xiaoqing outlined four strategic priorities. First, stay customer‑centric and adhere to a long‑term approach, avoiding short‑term profit‑seeking or opportunistic revenue grabs. Second, prioritize asset quality, operate within capability limits, and avoid swapping tomorrow’s non‑performing loans for today’s revenue. Third, keep retail banking as the core franchise; despite market chall

At China Merchants Bank’s shareholder meeting in Shenzhen on June 25, party secretary and president nominee Wang Xiaoqing outlined four strategic priorities. First, stay customer‑centric and adhere to a long‑term approach, avoiding short‑term profit‑seeking or opportunistic revenue grabs. Second, prioritize asset quality, operate within capability limits, and avoid swapping tomorrow’s non‑performing loans for today’s revenue. Third, keep retail banking as the core franchise; despite market challenges, wealth‑management‑led retail remains CMB’s strategic focus and ballast. Fourth, continue to increase technology investment.