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Will Huishang Bank collapse in 2022?

No. Huishang Bank estimates that its net profit in the first half of 2022 will be about 7.335 billion yuan, a year-on-year increase of about 20%, so Huishang Bank will collapse in 2022. A bank is a financial institution established in accordance with the law to engage in currency and credit business. It is the product of the development of the commodity currency economy to a certain stage.