Reported 9 months ago
Huaxia Financial (2880) reported a net profit after tax of 2.018 billion yuan in May and a cumulative net profit after tax of 9.507 billion yuan in the first five months of the year, a 12.78 billion yuan increase from the same period last year, marking a growth of 15.53%. Huaxia Financial aims to enhance capital efficiency to improve industry rankings, pursue green and digital transformation, and move towards sustainable operations. The stock closed at 25.2 yuan on the 7th, with a 0.2 yuan increase from the previous week, a 0.8% rise. Institutional trading activities in the past five days showed that foreign investors sold 25,075 shares, investment trusts sold 1,295 shares, and proprietary traders bought 697 shares. Technical analysis suggests Huaxia Financial is below the monthly average but has shown strength in the short term, targeting a challenge at the previous high of 26.35 yuan.
Source: YAHOO