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Examples
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EPA A teller counts US and Chinese currency at a branch of Huaxia Bank in Shenyang, northeast China 14 January 2011.
Behind the Yuan Bond Boom: Dollars Peter Stein 2011
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German businesses were the most active acquirers, led by Deutsche Bank AG's $559 million purchase of an enlarged stake in China's Huaxia Bank, followed by U.S. and Singaporean companies.
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Huaxia Bank, partly owned by Deutsche Bank AG, gained 5.8 percent to 10.99 yuan.
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Huaxia Bank and Bank of Ningbo Co. declined more than 7 percent.
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Huaxia Bank, partly owned by Deutsche Bank AG, slid 2.1 percent to 10.36 yuan.
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"Deutsche Bank is fully committed to the development of its business in China and partnership with Huaxia Bank," Michael West, the German bank's Hong Kong spokesman, said in an e-mail without elaborating.
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"Deutsche Bank is fully committed to the development of its business in China and partnership with Huaxia Bank," Michael West, the German bank's Hong Kong spokesman, said in an e-mail without elaborating.
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An employee counts U.S. dollar banknotes at a branch of Huaxia Bank in Shenyang, Liaoning province March 18, 2010.
Reuters: Top News 2010
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China Everbright Bank gained 2.9 percent to 4.69 yuan, while Huaxia Bank
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Goldkorn: "Huaxia Bank has launched an advertising campaign for a" Pretty Girl Card "(丽人卡) that appears to be targeting ernai, the mistresses of rich men …"
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