China Huaxia Bank said Tuesday its net profit jumped 44.21% to US$296.48 million (RMB2.1 billion) in 2007 on higher lending to industrial and commercial sectors and hefty interest earnings, the China Securities Journal reported. Interest earnings climbed 52.27% year-on-year as the central bank hiked interest rates six times last year, widening the gap between deposit and lending rates. Bank assets grew 33.13% to US$83.6 billion (RMB592.34 billion) as at the end of last year, while ...