Harbin Bank Expands Through Strategic Mergers

Tip Ranks
2025.10.22 11:11
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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.