Jun 23, 2005 - 13:37:48 HKT

Dow Jones Newswires

NEW LISTING: BoCom (3328.HK) +14% at HK$2.85, probably won't get

past HK$3 today but should do so before year's end, says Clive Zhang of

Partners Capital Asset Management; punters with single board lot and

some institutions which didn't buy on margin may be happy to take first

day profits, hindering stock's rise, he says. Expects stock to end day in HK

$2.80-HK$2.95 range. Stock good L/T bet due to fast-growth in China's

consumer banking market; also due to its relatively much smaller size, it

should grow earnings at much faster rate than 19.9% stakeholder HSBC

(0005.HK).