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Hua Xia Bank
[[Image:Huaxiabanklogo.gif|right]]

'''Hua Xia Bank''' (simplified Chinese: &#21326;&#22799;&#38134;&#34892;) is a [[bank]] based in [[Beijing]] in the [[People's Republic of China]].



==News== <!-- This looks like a news article.  Is it copy-pasted from somewhere?  If so, it should be linked instead. ~~~~ -->

*On [[6 September 6]] [[2005]], Huaxia Bank Co. Ltd., the second smallest of five listed lenders, has auctioned off a 6.9 percent stake to a [[Singapore]] investment fund for about $125 million, as the pace of deals in China's financial sector quickens. 

Singapore-based [[Pangaea Capital Management]] bought 289 million non-traded shares for 3.50 [[Renminbi|yuan]] apiece -- a hefty 16 percent discount to the bank's listed share price, the auctioneers and two industry sources involved in the sale told Reuters. 

(contracted; show full) Chinese institutions, with a preliminary agreement to purchase a holding of about 10 per cent in Huaxia Bank, a medium-sized Beijing-based lender, for about $200m. People close to the situation said Deutsche had teamed up with another European financial institution to buy a total of about 15 per cent in Shanghai-listed Huaxia for more than $300m – a slight premium to its market value.

== External links ==

* [http://www.hxb.cc Official homepage]

[[Category: Banks of the People's Republic of China]]