As a joint-stock commercial bank, the bank specialises in providing financial services to companies. Its retail banking has experienced considerable development in recent years as a result of increased investments. The bank has maintained its development direction toward greater diversification, group-orientation and globalisation. It has recently entered the financial leasing industry which has a bright future.

As a result of the previous stumbling of the stock market, the technical indices of the bank's stock have dropped drastically. The bank's stock price is now expected to head for an upward trend due to a moderate increase in turnover volume in recent days. Investors are advised to pay close attention to its stock.


Source: Shanghai Securities News

Date: 25 Jun 2008

CN01/MZ/BT/KM