Hua Xia Bank traded at 6.43 this Monday February 2nd, increasing 0.09 or 1.42 percent since the previous trading session. Looking back, over the last four weeks, Hua Xia Bank gained 6.27 percent. Over the last 12 months, its price fell by 13.23 percent. Looking ahead, we forecast Hua Xia Bank to be priced at 6.20 by the end of this quarter and at 5.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
HUA XIA BANK CO., Limited (the Bank) is a China-based commercial bank. The Bank operates its business through absorbing public deposits; issuing short, medium and long term loans; arranging domestic and foreign settlement; the acceptance and discount of bills; issuing financial bonds; issuing, cashing and selling government bonds as an agent; buying and selling government and financial bonds; interbank business; buying and selling foreign exchanges by itself or as an agent; bank card business; providing services and guarantee of letter of credit; collecting and delivering payment as an agent; providing safe box deposits; foreign exchange settlement and sales; part-time insurance agency business and other businesses.