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.
