Shanghai Pudong Development Bank, CNE0000011B7

Yangtze Securities rates Shanghai Pudong Development Bank stock Buy

Published on 10/09/2026 at 11:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit rose 4.08 percent to CNY 30.95 billion. For Shanghai Pudong Development Bank stock this means CNY 93.78 billion revenue.

Yangtze Securities rated Shanghai Pudong Development Bank Buy on September 29, 2026.
First-half 2026 net profit rose 4.08 percent to CNY 30.95 billion.
The last Shanghai Stock Exchange quote was CNY 9.54 on October 9, 2026, down 1.65 percent from CNY 9.70.
The bank is scheduled to release third-quarter 2026 results on October 31, 2026.

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

Shanghai Pudong Development Bank (ISIN CNE0000011B7) generated CNY 30.95 billion in net profit attributable to shareholders in the first half of 2026, an increase of 4.08 percent year over year. As Futunn reported on September 29, 2026, Yangtze Securities rated the bank Buy and linked the view to improving revenue and profit growth.

Three dated steps for the bank

On August 12, 2026, Shanghai Pudong Development Bank reported first-half operating revenue of CNY 93.78 billion, up 3.55 percent year over year, while net profit attributable to shareholders increased 4.08 percent to CNY 30.95 billion, according to Stockstar.

On September 17, 2026, the bank raised CNY 30.00 billion through a three-year bond issue, MarketScreener reported.

On September 29, 2026, Yangtze Securities projected first-half revenue growth of 3.60 percent and shareholder net profit growth of 4.10 percent, with core net interest income up 10.90 percent, according to Futunn.

What supports the Buy rating?

The attraction is the mix of stronger core interest income and tighter operating costs. The first-half net interest income reached CNY 64.63 billion, up 10.85 percent year over year, while the cost-to-income ratio fell to 22.52 percent from 25.07 percent, based on the Stockstar report.

Asset quality adds a counterweight. The non-performing loan ratio stood at 1.25 percent at June 30, 2026, down from 1.26 percent at year-end 2025, while the provision coverage ratio was 197.81 percent. The figures suggest stable reported credit quality, although the bank remains exposed to the cycle in corporate and retail lending.

Next results date is October 31

The next dated event is the scheduled third-quarter 2026 earnings release on October 31, 2026, according to MarketScreener. That report will test whether the first-half acceleration in revenue and shareholder profit can continue into the second half.

Shanghai quote and balance sheet

Shanghai Pudong Development Bank was last quoted at CNY 9.54 on the Shanghai Stock Exchange on October 9, 2026 at 3:00 p.m. China Standard Time, down 1.65 percent from CNY 9.70. The quote stood between the 52-week range of CNY 8.49 to CNY 13.53, while market capitalization was CNY 317.7 billion on the same date.