BOC Hong Kong (OTCMKTS:BHKLY) Shares Down 1% – What’s Next?

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) was down 1% on Wednesday . The stock traded as low as $97.60 and last traded at $97.60. Approximately 4,063 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 2,743 shares. The stock had previously closed at $98.59.

BOC Hong Kong Stock Performance

The company’s 50-day moving average price is $97.59 and its 200-day moving average price is $94.56.

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.