Thomson

BoC expected to hit promised profit

BoC Hong Kong (Holdings) is unlikely to disappoint the market in its first set of annual results as a listed entity on Thursday.

Bank of China's Hong Kong flagship promised investors a HK$6.3 billion profit when it issued shares last summer, saying it would do whatever it took to make or beat that forecast. But analysts warn that worries about the quality of its corporate loan portfolio and exposure to the property market still cloud its future.
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