Shanghai Pudong Development Bank, CNE0000011B7

Shanghai Pudong Development Bank stock gained 2.32 percent on October 8

Published on 10/08/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shanghai Pudong Development Bank stock was last at CNY 9.70 on October 8, 2026, after a 2.32 percent rise. First-half revenue reached CNY 93.777 billion.

Shanghai Pudong Development Bank, CNE0000011B7, Illustration mit AI erstellt.

Shanghai Pudong Development Bank (ISIN CNE0000011B7) stock was last at CNY 9.70 on the Shanghai Stock Exchange on October 8, 2026 at 3:00 p.m. CST. The price was CNY 0.22 above the prior close of CNY 9.48, a gain of 2.32 percent.

Stock remains below yearly high

The October 8 session reached a high of CNY 9.71 and a low of CNY 9.41, with volume of 115,026,850 shares. The 52-week range stood at CNY 8.49 to CNY 13.53, leaving the latest quote CNY 3.83 below the yearly high.

Shanghai Pudong Development Bank had a market capitalization of CNY 323.1 billion as of October 8, 2026. That valuation places the current share price closer to the lower half of its annual range than to the upper boundary.

First-half profit rose 4.08 percent

According to Stockstar in its August 27, 2026 report on the bank's interim results, first-half revenue increased 3.55 percent year over year to CNY 93.777 billion. Net profit attributable to shareholders rose 4.08 percent to CNY 30.951 billion in the six months ended June 30, 2026.

The earnings mix shows both improvement and pressure. Net interest income increased 10.85 percent to CNY 64.631 billion, while net interest margin rose to 1.43 percent from 1.41 percent a year earlier. At the same time, non-interest net income declined 9.63 percent to CNY 29.146 billion.

Credit quality shapes the outlook

The same interim report put the nonperforming loan ratio at 1.25 percent at June 30, 2026, down from 1.26 percent at the end of 2025. The provision coverage ratio was 197.81 percent, while total assets reached CNY 10.405355 trillion, up 3.21 percent from year-end 2025.

Credit quality and capitalization remain central to the bank's valuation. S&P Global Ratings upgraded Shanghai Pudong Development Bank's issuer credit rating to BBB+ from BBB on September 16, 2026, citing stronger capitalization and lower economic risks in China. The agency projected a risk-adjusted capital ratio of 6.5 percent to 7.0 percent over the next two years, compared with 6.9 percent at the end of 2025.

Market value and bank fundamentals

The combination of a 2.32 percent daily gain, faster first-half profit growth and a higher credit rating gives the stock a mixed but measurable setup. Revenue growth remained positive, while the decline in non-interest income shows why margin performance and asset quality matter for future earnings.

Shanghai Pudong Development Bank stock had a market capitalization of CNY 323.1 billion on October 8, 2026, while the latest quote remained below the 52-week high of CNY 13.53.