News: 2024.03.21
According to news from Zhitong Finance APP, Hong Kong banking stocks generally rose today. As of now, Hang Seng Bank (00011) has risen by 3.58% and is quoted at HK$89.65; Bank of East Asia (00023) has risen by 3.56% and is quoted at HK$9.61; HSBC Holdings (00005) has risen by 2.01%.
The share price of Hang Seng Bank (00011) has shown a clear upward trend recently, with an increase of nearly 4%. This shows that investors' confidence in the stock is gradually increasing, and the market expects Hang Seng Bank's future performance to be even more impressive.
Compared with Hang Seng Bank, Bank of East Asia (00023) also experienced considerable gains, rising by 3.56%. This shows how optimistic investors are about Bank of East Asia, and the market is optimistic about its future development prospects.
Although HSBC Holdings (00005) rose slightly, it still maintained solid growth. The Federal Reserve continues to keep interest rates unchanged, which is good news for HSBC Holdings and helps stabilize its prime rate.