China Construction Bank (OTCMKTS:CICHF) Stock Price Down 1% – Should You Sell?

Shares of China Construction Bank Co. (OTCMKTS:CICHFGet Free Report) traded down 1% on Wednesday . The company traded as low as $1.00 and last traded at $1.00. 2,403 shares traded hands during trading, a decline of 99% from the average session volume of 169,815 shares. The stock had previously closed at $1.01.

China Construction Bank Price Performance

The firm has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $0.99.

China Construction Bank Company Profile

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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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