The Zhitong Finance App learned that Bank of Qingdao (03866) rose nearly 5% in the intraday period. As of press release, it had risen 4.81% to HK$5.015, with a turnover of HK$669.721 million.

According to the news, on October 28, the Bank of Qingdao announced the results for the first three quarters of 2026. The group obtained operating income of RMB 12.632 billion, an increase of 14.78% over the previous year; net profit attributable to shareholders of the parent company of RMB 4.617 billion, an increase of 15.67% over the previous year; and basic earnings per share of 0.75 yuan.

Shen Wan Hongyuan pointed out earlier that the 2Q26 Bank of Qingdao's overdue rate and attention rate was only 1.17% and 0.56%, and the 1H26 annualized bad generation rate stabilized at 0.4%. Under prudent risk control, asset quality is expected to remain stable in the future. The bank believes that at a time when capital is more constrained, strengthening endogenous capital retention and refined capital management are necessary measures to support high-quality large-scale expansion. The short-term performance growth rate may still lead the industry, but it is also more hopeful that external supplementation can flow smoothly in due course.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.