Minsheng Bank stock gains 1.15 percent while board adopts two resolutions

Published on 10/08/2026 at 03:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Minsheng Bank stock was trading at CNY 3.51 on October 8, 2026, after a board meeting approved two credit-control resolutions. First-half profit fell 8.62 percent.

Minsheng Bank, CNE100000HF9, Illustration mit AI erstellt.

Minsheng Bank stock was up 1.15 percent at CNY 3.51 in Shanghai trading on October 8, 2026, while the bank's board approved two resolutions in a September 29 meeting. The decisions put bad-debt write-offs and related-credit transaction controls at the center of the latest company update.

Board approves two resolutions

According to Shanghai Securities Journal on September 30, 2026, all 15 directors attending the meeting voted in favor, with zero opposing votes and zero abstentions.

The resolutions covered the fourth batch of bad-debt write-offs for 2026 and guidance to strengthen the management of related credit transactions. The announcement did not disclose the write-off amount, so the quantified market picture remains centered on the interim report and the share price.

Profit falls as credit losses rise

For the six months ended June 30, 2026, operating income rose 4.23 percent year over year to CNY 73.7 billion, while net profit attributable to shareholders fell 8.62 percent to CNY 19.5 billion, according to Futu on September 28, 2026.

Credit impairment losses rose 20.81 percent to CNY 31.5 billion during the same period. Basic and diluted earnings per share were CNY 0.40, compared with CNY 0.45 in the first half of 2025, making asset quality the key counterweight to higher operating income.

Analysts see higher valuation

The consensus rating is Buy from 9 analysts, with an average 12-month price target of CNY 4.27, a high of CNY 5.20 and a low of CNY 3.32, according to Investing.com. The consensus range places the average target above the current Shanghai quotation, but the profit decline and higher credit losses remain material factors in that assessment.

Stock remains below yearly high

At CNY 3.51, the stock stood 17.61 percent below its 52-week high of CNY 4.26 and above its 52-week low of CNY 3.20 on October 8, 2026. Trading volume was 1,110,485 shares, while market capitalization stood at CNY 153.7 billion.

Minsheng Bank stock at CNY 3.51

Minsheng Bank was trading at CNY 3.51 on the Shanghai Stock Exchange on October 8, 2026, with a 1.15 percent daily gain. The quotation remains below the yearly high as investors weigh stronger operating income against weaker profit and higher credit impairment losses.