Price: $6.49
· 1 day: +0.73% · 5 days: +0.39% · 1 month: +2.94% · YTD: +11.81%
As of 2026-10-09 08:08 UTC.
52-week range: $5.08 – $6.71 (currently at 87% of the range).
The read
1288.HK is in an uptrend, momentum soft. $6.63 is the level overhead; $6.32 the first support below.
5 of 6 technical checks lean bullish.
Price vs 50-day: above
Price vs 200-day: above
50d vs 200d avg: above
MACD: bearish
RSI momentum: 60
5-day tape: +0.4%
Trend
Uptrend · above 50-day & 200-day
Momentum
RSI 59.59 · bullish · MACD bearish
Trend strength
ADX 18.3 · weak or range
Location
+3.0% vs 50-day MA
52-week range
-2% from high · +27% from low
Volatility
ATR 0.15 · ~2.3%/day
Key levels
Level
Type
Distance
$6.63 (resistance)
52w high
2.24%
$6.68 (resistance)
swing zone
3.01%
$7.0 (resistance)
round
7.94%
$6.32 (support)
swing zone
-2.54%
$6.18 (support)
swing zone
-4.7%
$6.0 (support)
round
-7.48%
Indicators
RSI (14)
59.59
MACD
0.0714
ADX (14)
18.3
ATR (14)
0.15
50-day average
$6.3
200-day average
$5.81
Next earnings: 2026-10-29.
Latest 1288.HK news
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China closes hundreds of banks to bolster financial system — China closed over 670 banking entities last year, a record high, reducing the total number of banks to 3,139, down 23% in four years, according to Fitch based on NFRA data. The consolidation, focused on rural lenders, ai (Financial Times News, 2026-10-04)
Global Banks' Financing of Energy Rose to $2.3 Trillion in 2025 — Global banks increased their financing of the energy sector by 15% in 2025 compared to 2024, arranging and underwriting deals totaling $2.3 trillion, according to a BloombergNEF study. The growth was driven by rising ene (Bloomberg Business, 2026-09-17)
Don't Just Stand There, Buy Somebody Else's Bank — The article introduces Bloomberg's Banking Monitor, a weekly newsletter covering global banking industry news, trends, and market opportunities. The current edition focuses on mergers and acquisitions, suggesting that ba (Bloomberg Business, 2026-09-10)
China Banks Snap Up Bonds to Seek Returns as Loan Slump Deepens — Chinese banks are increasing their holdings of government bonds as a strategic response to a weakening loan market, with claims on government debt rising to 16.4% of total bank assets in July. The shift reflects reduced (Bloomberg Business, 2026-09-08)
Financial Services Roundup: Market Talk — Singapore's retail sales growth is expected to decelerate throughout 2026, according to RHB Bank analyst Barnabas Gan. Retail sales increased 1.5% year-over-year in July, indicating moderating momentum in the consumer se (The Wall Street Journal, 2026-09-07)
Breakingviews - COMMENTARY: China's bank recap may achieve least important aim — China's finance ministry is leading a recapitalisation of up to 365 billion yuan ($54 billion) into state-backed lenders, including Agricultural Bank of China and Industrial & Commercial Bank of China, as well as three i (Reuters, 2026-09-07)