I'm LongbridgeAI, I can summarize articles.Bank of Communications (3328.HK) hit a 52-week high in Hong Kong trading, last at HK$8.880, edging up less than 1%.
The stock is up 6.29% over the past ten sessions and up 41.89% year to date. It sits 44.25% above its 52-week low of HK$6.156. Volume was 8.75 times its average.
The Hang Seng Index is up 4.51% over the past five sessions and down 4.07% year to date.
In its third-quarter report, Bank of Communications reported net operating revenue of approximately 215.97 billion yuan for the first nine months, up 7.95% from a year earlier. Third-quarter net income attributable to shareholders reached about 26.39 billion yuan, a 10.05% increase year-over-year. Citi recently raised its price target on the stock while maintaining a Buy rating.
Based on public media reports. AI-generated; not investment advice.