SEHK:2388Banks
Renewed BOC Group Deal Might Change The Case For Investing In BOC Hong Kong (SEHK:2388)
BOC Hong Kong (Holdings) Limited recently renewed its Services and Relationship Agreement with controlling shareholder BOC Group, extending various general, investment, referral and inter-bank connected transactions from 1 January 2026 to 31 December 2028 under new caps that now require independent shareholders’ approval.
The move formalises one of the bank’s core operating relationships under Hong Kong listing rules, with an Independent Board Committee and external adviser Gram Capital...