China Construction Bank Co. (OTCMKTS:CICHF – Get Free Report) dropped 2% during trading on Tuesday . The company traded as low as $0.96 and last traded at $0.96. Approximately 4,301 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 68,098 shares. The stock had previously closed at $0.98.
China Construction Bank Price Performance
The firm has a 50-day moving average price of $1.01 and a 200-day moving average price of $0.99.
China Construction Bank Company Profile
China Construction Bank Corporation (OTCMKTS:CICHF) is one of the largest commercial banks in China, offering a comprehensive range of financial products and services. Its core business activities include corporate banking, personal banking, and treasury operations. The bank provides lending solutions, deposit accounts, trade financing, cash management, and foreign exchange services to meet the needs of governments, state-owned enterprises, multinational corporations, small and medium-sized enterprises, and individual customers.
Founded in 1954 and restructured as a joint-stock commercial bank in 1996, China Construction Bank has grown into a key player in China’s banking sector, ranking among the country’s “Big Four” state-owned banks.
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