BOC Hong Kong (OTCMKTS:BHKLY) Upgraded by China Intl Cap to Strong-Buy Rating

China Intl Cap upgraded shares of BOC Hong Kong (OTCMKTS:BHKLY) to a strong-buy rating in a research note released on Monday morning,Zacks reports.

BOC Hong Kong Trading Down 0.4%

BOC Hong Kong stock opened at $133.27 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.68 and a quick ratio of 0.68. BOC Hong Kong has a 1-year low of $92.30 and a 1-year high of $134.62. The business has a fifty day moving average price of $123.61 and a 200-day moving average price of $117.41.

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.