Singapore's Second-Largest Lender Plans a Push Into Hong Kong Research
- Bank to add coverage of 60 stocks, with 14 to 20 by year-end
- Research arm had previously focused on local mid-cap firms
This article is for subscribers only.
Singapore’s second-largest lender has decided that the best place to expand its research is the country’s rival market Hong Kong.
Oversea-Chinese Banking Corp. plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by year-end, according to Carmen Lee, its head of research. That would supplement the around 75 firms already tracked by Bank of Singapore Ltd., OCBC’s private banking unit, she said.