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BHKLY (BOC Hong Kong Holdings) Policy Acquisition Expense


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What is BOC Hong Kong Holdings Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


BOC Hong Kong Holdings Business Description

Traded in Other Exchanges
Address
1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
Bank of China Hong Kong, or BOCHK, is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOCHK is legally separate from Bank of China, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOCHK.