HONG KONG – Investment holding company BOC Hong Kong (Holdings) Limited (HKG:2388) saw its stock gaining 4.29 percent in today’s trading session at the Hong Kong stock exchange, becoming the top gainer among the city’s blue chip stocks.
BOC Hong Kong Holdings Ltd (HKG:2388) gained 1.050 in today’s session, trading at 25.55 at the close, breaking its previous one month high record of 24.950.
The Bank, along with its subsidiaries, is engaged in the provision of banking and related financial services in Hong Kong. The Bank operates in five segments: Personal Banking, Corporate Banking, Treasury, Insurance and Others. Both the Personal Banking and Corporate Banking segments provide general banking services, including various deposit products, overdrafts, loans, credit cards, trade related products and other credit facilities, investment and insurance products, and foreign currency and derivative products.
BOC Hong Kong Holdings joined other stocks in Hong Kong that posted gains on Friday, capping the benchmark index’s biggest weekly gain since April as investors speculated that the Chinese government will further boost the economy.
Hong Kong’s Hang Seng China Enterprises Index climbed 1.2 percent to 10,406.79 at the close, extending this week’s advance to 7.4 percent.
Other Asian index also rose on Friday. – BusinessNewsAsia.com