Maybank Research sees HLFG as cheaper proxy to Hong Leong Bank

23 Jan 2018 - The Star Online
KUALA LUMPUR: Maybank Investment Bank Research sees Hong Leong Financial Group (HLFG) as aa cheaper proxy to Hong Leong Bank and at its current price, investors would be getting its insurance business for free. In its research note on Tuesday, it rolled forward its valuations for HL Bank (Hold) to CY19 ...
klse:5819 klse:1082

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Banks nudge KLCI to higher close, AirAsia at record high

22 Jan 2018 - The Star Online
KUALA LUMPUR: Fund buying of banks especially Hong Leong Bank underpinned the FBM KLCI's stronger close on Monday while low-cost carrier AirAsia advanced to a record high. At 5pm, the KLCI was up 4.32 points or 0.24% to 1,833.15. Turnover was 4.62 billion shares valued at RM2.86bil. The broader market ...
klse:5099 klse:5819

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Bursa Malaysia climbs early Monday, PetDag underpins gains

22 Jan 2018 - The Star Online
KUALA LUMPUR: Bursa Malaysia advanced early Monday, underpinned by gains in Petronas Dagangan and Hong Leong Bank while the broader market was also firmer. At 9.24am, the KLCI was up 3.79 points or 0.21% to 1,832.62. Turnover was 576.26 million shares valued at RM254mil. There were 288 gainers, 187 losers ...
klse:5819 klse:5681

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HL Bank, Genting prop up KLCI

17 Jan 2018 - The Star Online
KUALA LUMPUR: Hong Leong Bank and Genting counters underpinned the FBM KLCI rebounded towards the close of trade on Wednesday after spending nearly the whole day languishing in the red. At 5pm, the KLCI was was up 2.6 points or 0.14% 1,828.63. Turnover was 4.97 billion shares valued at RM2.79bil. The ...
sgx:g13 klse:5819 klse:3182

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HLB and Maybank are Affin Hwang's top banking picks

5 Jan 2018 - The Star Online
KUALA LUMPUR: Affin Hwang Capital Research has an Overweight rating on the banking sector and believes Hong Leong Bank has the potential to outperform with an upside potential of 8.8% based on its target price of RM18.50. Earnings drivers such as likely stronger earnings from Bank of Chengdu, a digital ...
klse:1155 klse:5819

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KLCI ekes out small gains early Friday, HL Bank up

29 Dec 2017 - The Star Online
KUALA LUMPUR: Blue chips edged higher early Friday with Hong Leong Bank and PPB Group underpinning the FBM KLCI’s gains while key Asian markets advanced. At 9.10am, the KLCI was up 1.06 points or 0.06% to 1,780.16. Turnover was 162.80 million shares valued at RM80mil. There were 148 gainers, 107 losers ...
klse:4065 klse:5819

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KLCI get lift from TNB, banks; ringgit rises on dollar weakness

28 Dec 2017 - The Star Online
KUALA LUMPUR: At market close, the FBM KLCI put on 7.34 points to 1,779,10 points, lifted by Tenaga Nasional and Hong Leong Bank. The energy major gained 30 sen to RM15.42 while Hong Leong Bank rose 30 sen to RM17, giving the index a combined lift of 4.179 points. Turnover was 2.64 billion shares with ...
klse:5347 klse:5819

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Demand for local currency wanes on renewed greenback optimism

8 Dec 2017 - The Star Online
KUALA LUMPUR: The ringgit opened flat against the US dollar this morning on subdued demand for the local currency and as the greenback strengthened on continued tax reform bill optimism, dealers said. At 9 am, the local unit opened at 4.0860/0900 against the greenback from 4.0860/0890 on Thursday. A ...
klse:5819

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Hong Leong Bank Q1 net profit rises 18%

1 Dec 2017 - The Star Online
KUALA LUMPUR: Hong Leong Bank Bhd posted a net profit of RM638.97mil in the first quarter of its financial year, 17.8% higher compared to RM542.63mil a year ago on improved income contributions. Group managing director and CEO Domenic Fuda said the improvement was driven by a robust top line growth, ...
klse:5819

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Hong Leong Bank to offer payment services via WeChat Pay

30 Nov 2017 - The Star Online
KUALA LUMPUR: Hong Leong Bank Bhd has received the approval of Bank Negara Malaysia (BNM) to enter into an agreement with Tenpay Payment Technology Co Ltd, a subsidiary of Chinese Internet giant Tencent Holdings, to provide payment services via WeChat Pay. This collaboration will allow Chinese tourists ...
hkex:700 klse:5819

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