Hua Xia is a state-controlled bank which began its operations in 1992 in Beijing. In 1995 it underwent restructuring and transformed itself into a country-wide joint stock commercial bank. In 2003 Hua Xia bank became the fifth Chinese bank to be publicly listed on the Shanghai Stock Exchange. By 2008, the bank had created an extensive network of office branches throughout China and overseas. The bank provides a variety of personal and corporate banking services, and engages in activities such as credit analysis and asset assurance.
Partially State Owned. Deutsche Bank has an equity stake of nearly 20% in Hua Xia bank.