BANK OF EAST ASIA Stock Forum

The market's past overconfidence is evident in the share price's faster decline compared to the EPS. The low P/E ratio of 4.98 further reflects this. Despite disappointing share price performance, slowing losses could signal future positivity.

Despite recent improvements in the Bank of East Asia's bottom line, skepticism is rising regarding future growth amidst competition and investment risks.

Universal Digital Payments Network launched at Davos.
UDPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper.
A sandbox was launched in July of 2022, where multiple banks were actively testing stablecoin transfer and FX transactions.
The network was launched at Davos with a panel discussing the rapidly evolving digital currency...