Hong Leong Fin traded at 18.62 this Wednesday April 15th. Looking back, over the last four weeks, Hong Leong Fin lost 9.52 percent. Over the last 12 months, its price rose by 12.03 percent. Looking ahead, we forecast Hong Leong Fin to be priced at 18.47 by the end of this quarter and at 17.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hong Leong Financial Group Berhad is a Malaysia-based banking and financial services holding company. The principal activities of the Company consist of the provision of services to its subsidiaries. The Company's business segments include Commercial banking, which provides commercial banking business; Investment banking and asset management, which provides investment banking, futures and stock broking, fund and unit trust management; Insurance, which provides life and general insurance and takaful business, and Other operations, which offers investment holding and provision of management services. The Company, through its subsidiaries, engages in commercial banking business, Islamic banking services, insurance and takaful business, investment banking, futures and stock broking, and asset management business. The Company and its subsidiaries provide a range of financial products and services to consumer, corporate and institutional customers.