Edition:
United Kingdom

Bank of East Asia Ltd (0023.HK)

0023.HK on Hong Kong Stock

29.85HKD
21 Sep 2018
Change (% chg)

HK$0.25 (+0.84%)
Prev Close
HK$29.60
Open
HK$29.90
Day's High
HK$29.90
Day's Low
HK$29.35
Volume
2,930,768
Avg. Vol
2,393,380
52-wk High
HK$35.45
52-wk Low
HK$27.80

Latest Key Developments (Source: Significant Developments)

Bank Of East Asia says Unit Enters Agreements With China Financial Services And Ql Finance Co​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Bank Of East Asia Ltd <0023.HK>::UNITS ENTER ‍EQUITY TRANSFER AGREEMENT WITH CHINA FINANCIAL SERVICES AND QL FINANCE CO​ FOR SALE OF INTERESTS FOR HK$664.8 MILLION.UNITS ENTER ‍ ASSETS PURCHASE AGREEMENT FOR SALE OF CERTAIN LOAN PORTFOLIO FOR HK$414.2 MILLION​.  Full Article

Bank Of East Asia acquires 21 pct of issued share capital of Prasac Microfinance Institution Ltd
Friday, 17 Mar 2017 

Bank Of East Asia Ltd <0023.HK> : Acquired 21% of issued share capital of Prasac Microfinance Institution Limited .Deal for a consideration of approximately us$78 million.  Full Article

Bank of East Asia disposes Tricor Holdings
Wednesday, 5 Oct 2016 

Bank of East Asia Holdings Limited <0023.HK>: Bank, NWS Holdings and East Asia Secretaries entered into a share purchase agreement with Trivium for sale of all issued shares of Tricor . Deal for a cash consideration of HK$6,469.7 million . Expected that proceeds from disposal will be used as general working capital of bank and for its future business development . Bank is expected to book a profit in amount of about HK$3.100 billion in respect of disposal .Immediately after closing, bank will cease to hold any equity interest in Tricor and Tricor will cease to be a subsidiary of bank.  Full Article

CORRECTED-Hong Kong shares end flat as investors fear new U.S. tariffs

* HSI financial sector sub-index is flat; property sector down 0.1 percent