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Hong Leong Bank rated a 'buy' at HSBC

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Hong Leong Bank rated a 'buy' at HSBC

Post by hlk Tue 19 Jul 2011, 11:16

Hong Leong Bank Bhd, a Malaysian lender, rose the most in two weeks in Kuala Lumpur trading after HSBC Holdings Plc rated the stock a new “buy” with a RM15.80 share estimate.

Its shares climbed 1.2 per cent to RM13.60 at 9:12 a.m. local time, set for their largest increase since July 5. -- Bloomberg

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