BOC Hong Kong (OTCMKTS:BHKLY) Reaches New 1-Year High – Time to Buy?

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $106.56 and last traded at $106.56, with a volume of 1204 shares changing hands. The stock had previously closed at $105.56.

BOC Hong Kong Stock Up 1.0%

The firm’s 50 day moving average price is $100.57 and its two-hundred day moving average price is $97.35.

BOC Hong Kong Company Profile

BOC Hong Kong (OTCMKTS: BHKLY) is a Hong Kong-based banking group that operates as the Hong Kong subsidiary of Bank of China. The group is a licensed bank and one of the territory’s note-issuing banks, participating in the issuance of Hong Kong dollar banknotes. It provides a broad range of banking and financial services to retail, corporate and institutional clients, positioning itself as a major participant in Hong Kong’s financial services sector.

BOC Hong Kong’s businesses include retail banking services such as deposit accounts, mortgages, personal loans and credit cards, together with wealth management and private banking solutions.