China Merchants Bank (03968/600036) Releases November 2025 Monthly Return

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On 1 December 2025, China Merchants Bank Co., Ltd. (the “Bank,” listed on The Stock Exchange of Hong Kong with stock code 03968 and on the Shanghai Stock Exchange with stock code 600036) released its Monthly Return for Equity Issuer. The announcement indicates that, as of 30 November 2025, the Bank’s total registered share capital remains at RMB 52,719,845,601. No increase or decrease was recorded compared to the previous month.

The Bank’s ordinary H shares remain at 4,590,901,172, and its ordinary A shares continue to stand at 20,628,944,429. Meanwhile, the balance of 275,000,000 domestic preference shares remains unchanged, with each preference share carrying a par value of RMB100.

The announcement also provides details of the Bank’s convertible domestic preference shares, which would convert into 1,445,846,477 A shares if certain trigger events occur, at a conversion price of RMB19.02 per share. According to the report, there were no new share issuances, cancellations, or transfers during November 2025.

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