Bank of East Asia (OTCMKTS:BKEAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Bank E Asia has dedicated itself to service on behalf of the people of Hong Kong and customers in China and overseas. BEA is the largest independent local bank in Hong Kong. BEA offers a full range of wholesale and retail banking services covering corporate banking, personal banking, investment banking and China services. Products ranging from deposits, foreign currency savings, mortgage loans, consumer loans, credit cards, Cyberbanking, Mandatory Provident Fund services, trade finance, syndicated loans, remittances and foreign exchange margin trading. “

How to Become a New Pot Stock Millionaire

Separately, ValuEngine upgraded shares of Bank of East Asia from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd.

BKEAY stock opened at $4.13 on Wednesday. Bank of East Asia has a 12-month low of $3.87 and a 12-month high of $4.61.

TRADEMARK VIOLATION WARNING: “Bank of East Asia (BKEAY) Stock Rating Lowered by Zacks Investment Research” was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at

Bank of East Asia Company Profile

The Bank of East Asia, Limited is a company mainly engaged in the banking business. Along with subsidiaries, it operates its business through nine segments: the China Operations segment, the Personal Banking segment, the Corporate Banking segment, the Overseas Operations segment, the Wealth Management segment, the Treasury Markets segment, the Financial Institutions segment, the Other Hong Kong Banking Operations segment, the Corporate Services segment, and the Other Businesses segment.

Receive News & Ratings for Bank of East Asia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of East Asia and related companies with's FREE daily email newsletter.