Hong Kong stock market anomaly | Bank of China Hong Kong (02388.HK) rises by more than 5%, interest rate hike expectations are strengthening, which is expected to increase the company's net interest margin. The decrease in industry credit costs will provide support for profitability.
According to the Wise Financial APP, China CITIC Bank Hong Kong (02388.HK) has increased by more than 5%, as of the time of writing, it has increased by 4.74%, reaching 50.65 Hong Kong dollars, with a trading volume of 1.42 billion Hong Kong dollars.
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