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BOC Hong Kong (Holdings) ( (HK:2388) ) has provided an announcement.
BOC Hong Kong (Holdings) has entered into a new Services and Relationship Agreement with its controlling shareholder Bank of China Group to govern a suite of continuing connected transactions, including general, investment and referral, and inter-bank dealings, for the period from 1 January 2026 to 31 December 2028. Under Hong Kong’s Listing Rules, the general connected transactions will be subject to reporting, annual review and announcement requirements but will not require independent shareholders’ approval, while the larger investment, referral and inter-bank transactions will require such approval; to that end, an Independent Board Committee and independent financial adviser Gram Capital have been appointed, and a circular and AGM resolutions will be issued in 2026, underscoring regulatory scrutiny and governance over the group’s extensive intra-group dealings with Bank of China.
The most recent analyst rating on (HK:2388) stock is a Buy with a HK$43.20 price target. To see the full list of analyst forecasts on BOC Hong Kong (Holdings) stock, see the HK:2388 Stock Forecast page.
More about BOC Hong Kong (Holdings)
BOC Hong Kong (Holdings) Limited is a major banking group in Hong Kong, providing a broad range of retail and corporate banking, investment and treasury services. As part of the wider Bank of China Group, it focuses on serving customers in Hong Kong and the region through both general banking activities and interbank and investment-related services.
Average Trading Volume: 10,484,611
Technical Sentiment Signal: Buy
Current Market Cap: HK$417.2B
See more data about 2388 stock on TipRanks’ Stock Analysis page.