BOC Hong Kong (OTCMKTS:BHKLY) Sets New 12-Month High – Still a Buy?

BOC Hong Kong Ltd. (OTCMKTS:BHKLY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $106.56 and last traded at $106.56, with a volume of 1204 shares traded. The stock had previously closed at $105.56.

BOC Hong Kong Stock Performance

The company’s 50 day simple moving average is $100.97 and its 200-day simple moving average is $97.51.

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.