BOC Hong Kong (OTCMKTS:BHKLY) Sets New 1-Year High – Should You Buy?

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) reached a new 52-week high on Tuesday . The stock traded as high as $105.0252 and last traded at $105.0252, with a volume of 410 shares trading hands. The stock had previously closed at $102.1750.

BOC Hong Kong Stock Up 3.3%

The stock has a 50-day simple moving average of $98.44 and a 200 day simple moving average of $95.21.

About BOC Hong Kong

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.