The soon-to-be-launched enhancements to the Wealth Management Connect scheme are set to boost sales and capital flows in the Greater Bay Area development zone, Hong Kong’s biggest banks said.
Like its competitors, Bank of East Asia is betting on Hong Kong’s expanded role in the Greater Bay Area to tap the growing affluence and China’s potential for wealth management.
The Bank of East Asia, Limited (OTCMKTS:BKEAY – Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.20 and traded as low as $1.18. Bank of East Asia shares last traded at $1.21, with a volume of 34,573 shares changing hands. […]
The Bank of East Asia, Limited (OTCMKTS:BKEAY – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 200 shares, a drop of 33.3% from the September 15th total of 300 shares. Based on an average daily volume of 11,300 shares, […]