Frank Xing

Huaxia Bank, China

With the deepening of Reform and Opening-up and under the leadership of Mr. Deng Xiaoping, Hua Xia bank started operation in Beijing. in 1992, After restructuring in March,1995, Hua Xia bank grew into a nationwide joint stock commercial bank. In September 2003, Hua Xia bank went public in Shanghai Stock Exchange (Stock Ticker: 600015) and became the fifth listed Chinese bank. In October 2005, Hua Xia bank signed agreements with the strategic investor, Deutsche Bank, on the long-term co-operation and in other areas. This strategic move brings new opportunities to Huaxia in improving its management and internationalization initiative. In October 2008, Hua Xia bank issued additional shares to target investors to strengthen its capital base to support the future development, .