China CITIC Bank (OTCMKTS:CHCJY) Trading Up 1.6% – Here’s Why

China CITIC Bank Co. Limited (OTCMKTS:CHCJYGet Free Report)’s stock price shot up 1.6% on Thursday . The company traded as high as $14.85 and last traded at $14.85. 531 shares were traded during mid-day trading, a decline of 38% from the average session volume of 853 shares. The stock had previously closed at $14.62.

China CITIC Bank Price Performance

The business’s 50-day moving average is $13.68 and its two-hundred day moving average is $12.92.

About China CITIC Bank

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China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.

Further Reading

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