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China Daily | Updated: 2008-03-20 07:32
BoCom profit up
Bank of Communications Ltd, partly owned by HSBC Holdings Plc, said its 2007 profit rose 65 percent as China's economic growth bolstered loan demand and fee income surged on the nation's stock boom. Net income climbed to 20.3 billion yuan from 12.3 billion yuan a year earlier, it said in a statement yesterday.
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