Hua Xia Bank Co., Limited [600015.SS] Stock Forecast

Hua Xia Bank Co., Limited provides commercial banking services in China. The company offers various deposit products, including current, time, personal call, education, FX agreement savings, agreement, notice, and foreign currency deposits, as well as corporate deposits and withdrawals. It also provides housing mortgage and guarantee, and housing mortgage transfer loans; private loans and loans for self-employed; personal auto, comprehensive consumer, study subsidy, small pledge, and entrusted loans; working capital, fixed asset, credit and guarantee, stock pledged, warehouse receipt pledge, foreign currency pledged, corporate time deposit certificate and gold pledge, and syndicate loans; bank and trade acceptance discounting, domestic factoring with recourse, and export tax rebate custody loans; and confirmed warehouse and buyer shared interest payment for bill discounting products. In addition, the company offers credit and debit cards; wealth management, and investment and management products; gold and forex trading services; fund investment services; and agency sales, guarantee, collection and payment, settlement, and other services, as well as acts as a third party for custody, transfer, savings, deposits, and withdrawal of securities settlement funds. Further, it provides cash management and international settlement services; import and export trade financing; forex settlement and sale services; and corporate financial advisory and asset custody services, as well as products and services for SMEs and financing institutions. Additionally, the company offers internet and mobile banking, and online payment services. As of December 31, 2020, it operated 44 tier-1 branches, 79 tier-2 branches, 7 non-local branches, and 1,022 outlets in 122 cities. Hua Xia Bank Co., Limited was incorporated in 1992 and is headquartered in Beijing, China.