Shenwan Hongyuan upholds Buy rating for Bank of China stock

Published on 10/05/2026 at 14:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Owners' profit rose 5.10 percent to RMB 123.594 billion in the first half of 2026. Bank of China stock costs EUR 0.67 on October 5, 2026 after EUR 0.67.

Bank of China, CNE1000001Z5, Illustration mit AI erstellt.

Bank of China Limited (ISIN CNE1000001Z5) was covered with a Buy rating by Shenwan Hongyuan Research on September 29, 2026, while its first-half results showed profit attributable to equity holders of RMB 123.594 billion, up 5.10 percent year over year. The combination gives Bank of China stock a clear earnings and valuation reference as investors assess whether stronger income can offset rising credit costs.

Profit growth meets higher provisions

According to Moomoo on September 28, 2026, operating income reached RMB 357.113 billion in the six months ended June 30, 2026, an 8.41 percent year-over-year increase. Net interest income rose 10.20 percent to RMB 236.733 billion, while the net interest margin was 1.27 percent, up 1 basis point from the prior-year period.

The pressure point was asset quality. Asset impairment losses climbed 18.39 percent year over year to RMB 68.076 billion in the first half of 2026, even as the non-performing loan ratio declined 0.01 percentage points to 1.22 percent and the provision coverage ratio rose 0.48 percentage points to 200.85 percent.

Research sees valuation support

As Futubull reported on September 29, 2026, Shenwan Hongyuan Research maintained its Buy rating and cited the bank's global footprint and stabilizing net interest margins. The research forecast net profit attributable to shareholders growth of 5.30 percent in 2026, 5.70 percent in 2027 and 6.10 percent in 2028, alongside a 3.70 percent projected dividend yield for 2026.

The interim report also proposed a pre-tax dividend of RMB 1.190 per 10 shares, subject to shareholder approval. Bank of China said its global operations covered 64 countries and regions, while cross-border renminbi settlement volume reached RMB 11 trillion in the first half of 2026, up 29 percent year over year.

Stock stays flat in euros

Bank of China stock was trading at EUR 0.67 at Lang & Schwarz on October 5, 2026 at 2:37 p.m. CEST, unchanged from the Lang & Schwarz prior close of EUR 0.67 on October 2, 2026. On its primary listing, the Hong Kong Stock Exchange, the stock was last at HKD 5.92 on October 5, 2026 at 4:08 p.m. HKT.

The further course of trading is shown by the continuously updated real-time quote of Bank of China stock.