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Huaxia Bank
Huaxia Bank
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Huaxia Bank started operation in Beijing in October 1992. The Bank became a nationwide joint-stock commercial bank after restructuring in March, 1995. In September 2003, Huaxia Bank went public as the fifth of Chinese banks listed on the Shanghai Stock Exchange. In October 2005, Huaxia Bank entered into an agreement with the international strategic investor, Deutsche Bank, and completed two rounds of private placement of new shares in October 2008 and April 2011 respectively.
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  • (China Daily)2017-08-22 07:26

    Item from Aug 22, 1999, in China Daily: Pawnshops are flourishing in China. Statistics indicate that individual customers make up 95 percent of pawnshops' clientele, contributing to about half of the business volume. Another half comes from small and medium-sized enterprises. Since the first pawnsho...

  • By Jiang Xueqing(China Daily)2017-08-16 08:49

    China's credit asset quality remains generally stable, with the nonperforming loan ratio of commercial banks unchanged, quarter-on-quarter, at 1.74 percent as of June 30, said the country's top banking regulator. During the same period, commercial banks in China posted a slight increase of 3.56 perc...

  • By Wu Yiyao In Shanghai(China Daily)2017-08-07 08:17

    With more banks offering services for inclusive finance, companies offering credit reporting systems based on big data analysis will benefit, said analysts. Financial technology or fintech companies, particularly those focused on credit analysis, will greatly reduce cost of lending and also reduce c...

  • By He Wei In Shanghai(China Daily)2017-06-24 08:42

    China's internet giants that forayed into online finance are now joining hands with banks, their perceived competitors, to succeed together in the booming financial technology or fintech sector.The latest such partnership is between Tencent Holdings Ltd and Huaxia Bank Co Ltd, which was announced on...

  • 2017-03-07 08:45

    BEIJING-One of China Minsheng Banking Corp's biggest shareholders intends to keep buying more of the lender's stock, which is trading below the book value of its assets."It's a good target and we are a longtime investor," Lu Zhiqiang, chairman of China Oceanwide Holdings Group, said in an intervie...

  • (China Daily)2017-03-07 07:10

    BEIJING - One of China Minsheng Banking Corp's biggest shareholders intends to keep buying more of the lender's stock, which is trading below the book value of its assets. "It's a good target and we are a longtime investor," Lu Zhiqiang, chairman of China Oceanwide Holdings Group, said in an intervi...

  • By Jiang Xueqing(China Daily)2017-01-05 09:32

    China's banking regulator will encourage the launching of more consumer finance companies while helping them improve comprehensive risk management.For example, with registered capital of 300 million yuan ($43 million), Baotou Baoyin Consumer Finance Co Ltd opened for business on Dec 29 in Baotou, th...

  • By Bloomberg(China Daily)2016-09-12 07:33

    China's efforts to tame financial-sector risks have slowed the overall growth in banks' shadow loans, though some of the country's mid-sized lenders are still pushing rapidly into the sector, according to an analysis of their latest filings. So-called investment receivables, or "debt securities clas...

  • (Xinhua)2016-08-11 10:07

    File photo of a branch of Huaxia Bank. [Photo/IC]BEIJING - Huaxia Bank, a mid-sized Chinese lender, said on Wednesday that its net profit rose 6.08 percent in the first half of the year (H1), driven by business expansion.Net profit hit 9.83 billion yuan ($1.5 billion), the lender said in a stateme...

  • By Yu Ran In Shanghai(China Daily)2016-07-04 08:45

    Though he grew up in the United States and had spent most of his life away from his birthplace in China, Benny Li's decision to start an internet finance company in the latter was largely based on his desire to help small enterprises fulfill their potential. "Solving financial problems for the small...

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