BOC Hong Kong (OTCMKTS:BHKLY) Sets New 52-Week Low – Here’s Why

Shares of BOC Hong Kong Ltd. (OTCMKTS:BHKLY) reached a new 52-week low on Thursday . The stock traded as low as $17.2750 and last traded at $17.2750, with a volume of 13356423 shares. The stock had previously closed at $111.26.

BOC Hong Kong Stock Up 0.9%

The firm has a fifty day simple moving average of $101.93 and a 200-day simple moving average of $97.96.

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.