HK's financial group BOCOM Int'l hits 14-mth high on robust earnings outlook

BOCOM International Holdings

11/01/2021 01:57

** Shares of financial service provider BOCOM International
Holdings Co Ltd  3329.HK  surge as much as 20.2% to HK$1.25,
their highest since Nov 2019
    ** Stock last up 13.5%, on track for the best session since
Dec 2018; fifth biggest pct gainer on Hong Kong bourse in early
trade
    ** Co expects 2020 net profit to rise more than 60% y/y,
driven by increase in rev from outperforming investment
portfolios in innovative tech, biotech, new economy companies
 urn:newsml:reuters.com:*:nFWN2JL02V
    ** The Hang Seng Finance Index  .HSNF  edges up 0.1%
    ** The Hang Seng China enterprises index  .HSCE  climbs 1%,
and the benchmark index  .HSI  gains 0.5%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)