News Snapshot:
BOC Hong Kong (Holdings) Limited ( OTCMKTS:BHKLY – Get Rating ) shot up 0.9% on Monday . The company traded as high as $78.52 and last traded at $77.95. Approximately 1,747 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 6,640 shares. The stock had previously closed at $77.28. Separately, Zacks Investment Research raised shares of BOC Hong Kong from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a report on Thursday, May 5th.
