Harbin Bank Plans Strategic Mergers at Upcoming EGM
Harbin Bank Co., Ltd. (HK:6138) has announced an extraordinary general meeting to discuss the merger of several Chongqing Rongxing Village and Township Banks into sub-branches. This strategic move aims to streamline operations and enhance market presence. Harbin Bank, a joint stock company in China, is not authorized for banking in Hong Kong. Year-to-date price performance is 29.85%, with an average trading volume of 3,218,359 and a market cap of HK$4.78B.
Harbin Bank Co., Ltd. Class H ( (HK:6138) ) has provided an update.
Harbin Bank Co., Ltd. has announced its 2025 third extraordinary general meeting to discuss the absorption and merger of several Chongqing Rongxing Village and Township Banks into sub-branches. This strategic move is expected to streamline operations and potentially enhance the bank’s market presence in the region.
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, focusing on banking services. It is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: 29.85%
Average Trading Volume: 3,218,359
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.78B
