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OCBC plans to expand research into rival Hong Kong market
It will add coverage of 60 HK-listed stocks, with 14-20 started by the end of the year
OCBC previously invested in mid-cap coverage of Singapore stocks. But it was difficult to generate trades because the companies were too small for many clients, says research head Carmen Lee.
PHOTO: REUTERS
Singapore
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 (OCBC) plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by the end of the year,...
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