5 Chinese Real Estate Stocks to Watch as Analysts Predict More Defaults and Crisis

2. China Construction Bank Corporation (OTC:CICHY)

Market Capitalization as of July 25: $160 billion   

China Construction Bank Corporation (OTC:CICHY) provides banking and related financial services. Some of these include personal business, car, and housing loans. The company was founded in 1954 and is headquartered in Beijing. The firm runs more than 14,000 banking outlets in China and employs over 375,000 people. In late March, the firm posted earnings for the fiscal year, reporting earnings per share of RMB1.19 and a revenue of RMB605 billion, up more than 5% compared to the revenue over the same period last year. 

China Construction Bank Corporation (OTC:CICHY) shares have been buoyed in recent weeks after the Chinese government announced plans to cut benchmark for mortgage rates. The firm has a forward dividend yield of 8.55%.