BOCOM International predicts more than 60pc profit surge

BOCOM International Holdings Company (3329) said it expects a more than than 60 percent increase in consolidated net profit for the year ended December 31, 2020, compared with about HK$501 million in the year before.

This is mainly attributable to significant increase in revenue contributed by outperforming investment portfolios with a focus on innovative technology companies, biotechs, and other new economy companies.