Harbin Bank Expands Through Strategic Mergers
Harbin Bank Co., Ltd. (HK:6138) announced the approval of special resolutions during its extraordinary general meeting on October 22, 2025, to absorb and merge several Chongqing Rongxing Village and Township Banks into sub-branches. This strategic move aims to expand and consolidate operations, potentially enhancing market positioning and operational efficiency. Harbin Bank, a joint stock company in China, focuses on banking services but is not authorized to operate in Hong Kong. Current market cap is HK$4.4B with an average trading volume of 2,650,587.
Harbin Bank Co., Ltd. Class H ( (HK:6138) ) just unveiled an update.
Harbin Bank Co., Ltd. announced that during its 2025 third extraordinary general meeting held on October 22, 2025, shareholders passed several special resolutions. These resolutions involve the absorption and merger of multiple Chongqing Rongxing Village and Township Banks, converting them into sub-branches, which indicates a strategic move to expand and consolidate its operations. This development could enhance Harbin Bank’s market positioning and operational efficiency, potentially impacting stakeholders positively by streamlining its banking services.
More about Harbin Bank Co., Ltd. Class H
Harbin Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily operating in the banking sector. The company focuses on providing financial services, including banking and deposit services, although it is not authorized to conduct banking business in Hong Kong.
Average Trading Volume: 2,650,587
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.4B
Learn more about 6138 stock on TipRanks’ Stock Analysis page.
