CITIC BANK President Lu Wei Steps Down Following Work Reorganization
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2025
0mins
Source: aastocks
Executive Resignation: CITIC Bank's Executive Director and President, Lu Wei, has resigned effective immediately due to work adjustments.
Tenure and Contributions: Lu Wei served the bank for 26 years, significantly contributing to its financial management, capital replenishment, and international development.
Analyst Views on 00998
Wall Street analysts forecast 00998 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00998 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 7.080
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Current: 7.080
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





