Asia
HK.AI Capital Forecasts Surge in Fiscal-Year Profit
HK.AI Capital (HKG:1140) expects an attributable profit of between HK$6 billion and HK$6.3 billion for the year ended March 31, compared with a net profit of HK$64.2 million a year prior, according to a Thursday Hong Kong bourse filing.The securities investor attributed the forecast to a one-off gain of between HK$3.45 billion and HK$3.65 billion from the disposal of 22.5% shares in CSOP Asset Management to GoFintech Quantum Innovation (HKG:0290).Another factor was the recognition of unrealized gains of between HK$2.53 billion and HK$2.79 billion on its investments in GoFintech Quantum at fair value through profit or loss.
HKG:0290HKG:1140
