Bank of Shanghai completes CNY 20 billion issue: what it means for Bank of Shanghai stock

Published on 10/12/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit rose 0.51 percent to CNY 13.30 billion. Analysts set a CNY 10.66 average target for Bank of Shanghai stock, with CNY 9.20 low.

Key points in brief

Bank of Shanghai completed a CNY 20 billion bond issuance on September 17, 2026.
First-half 2026 attributable net profit rose 0.51 percent to CNY 13.30 billion.
Analysts set an average 12-month target of CNY 10.66, with a low estimate of CNY 9.20.
Market capitalization stood at CNY 138.8 billion on October 12, 2026.

Bank of Shanghai, CNE100002FM5, Illustration mit AI erstellt.

Bank of Shanghai (ISIN CNE100002FM5) completed a CNY 20 billion bond issuance on September 17, 2026, according to MarketScreener. The transaction is the latest capital-market event in a year marked by steady first-half earnings growth and continued attention to asset quality.

Three dated capital events

On April 24, 2026, Bank of Shanghai reported first-quarter profit growth of 1.00 percent and revenue growth of 4.00 percent, according to MarketScreener. On August 27, 2026, the bank reported results for the six months ended June 30, 2026, with attributable profit of CNY 13.30 billion, according to MarketScreener. The September 17, 2026 bond issuance was the most recent of the three events.

What does the bond issue mean?

The CNY 20 billion issuance gives Bank of Shanghai another sizable funding transaction while its balance sheet continues to expand. In the first half of 2026, operating revenue increased 5.48 percent year over year to CNY 28.84 billion, while attributable net profit increased 0.51 percent to CNY 13.30 billion, figures reported in the bank's interim report by Stockstar.

The earnings mix also shows pressure beneath the headline growth. Credit impairment losses rose 20.78 percent year over year in the first half of 2026, while the non-performing loan ratio reached 1.42 percent at June 30, 2026, according to Stockstar. That contrast makes credit costs a key measure alongside the bond funding program.

Analyst targets and next date

Analyst estimates place the average 12-month target at CNY 10.66, with a high of CNY 12.01 and a low of CNY 9.20. The forecast page lists five analysts and a Buy or Strong Buy majority, according to TradingView. The next reporting date listed there is October 21, 2026, giving the market a near-term checkpoint for credit quality and earnings momentum.

Bank of Shanghai had a market capitalization of CNY 138.8 billion on October 12, 2026. Its primary listing is on the Shanghai Stock Exchange under ticker 601229, and the bank is included in the Financials sector.