Shares of China Construction Bank Co. (OTCMKTS:CICHF – Get Free Report) shot up 6% on Friday. The company traded as high as $1.21 and last traded at $1.21. Approximately 9,913 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 87,120 shares. The stock had previously closed at $1.1420.
China Construction Bank Stock Performance
The company has a 50-day simple moving average of $1.19 and a two-hundred day simple moving average of $1.13.
China Construction Bank Company Profile
China Construction Bank Corporation is a major Chinese commercial bank that provides financial services to individuals, businesses, government entities and institutional customers. Its principal activities include accepting deposits, extending loans, processing payments and settlements, issuing bank cards, and providing electronic and mobile banking services.
The bank operates through several core business segments, including corporate banking, personal banking, treasury operations and investment banking.
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