Net profit 16.66 mln H.K. Dlrs vs 11.28 mln    Total divs to shareholders 7.5 mln vs nil
    Note - Firm underwrote 23 capital market issues in 1986.
Next industrial transaction in May is syndication of a 35 mln
U.S. Dlr loan to the Shanghai Ta Chun Tyre Project. The company
is a joint venture merchant bank between the &lt;Bank of China>,
&lt;First National Bank of Chicago> and the Industrial Bank of
Japan &lt;IBJT.T>
 REUTER
