Bank of Shanghai stock gains on solid half-year figures

Bank of Shanghai stock (CNE0000014W7) is backed by first-half 2026 revenue of CNY 28.842 billion, up 5.48 percent year on year as of June 30, 2026. Net profit attributable to shareholders rose 0.51 percent to CNY 13.299 billion, while the bank kept its net interest margin at 1.15 percent.

Revenue and profit hold up

According to ad hoc news on September 21, 2026, net interest income reached CNY 17.665 billion in the first half of 2026, up 7.37 percent from the prior-year period. The same report says customer loans and advances expanded 6.10 percent from December 31, 2025 to June 30, 2026, a sign that balance-sheet growth is still contributing to earnings.

Credit impairment losses increased 20.78 percent year on year in the half. That is the main counterweight for investors: the bank is growing, but it is still paying for risk cleanup.

Technology lending drives the story

At June 30, 2026, technology loans stood at CNY 219.312 billion, up 16.11 percent from the end of 2025, and served 8,856 customers. According to ad hoc news, science and technology innovation bond holdings reached CNY 17.625 billion, up 42.78 percent from the end of 2025.

The market angle is straightforward. If the lending mix keeps shifting toward higher-value sectors while the margin stays at 1.15 percent, the half-year numbers support the bank's current strategy.

Stock data and outlook

Bank of Shanghai stock is listed on the Shanghai Stock Exchange under ticker 601229 and trades in Chinese yuan. The latest reported total assets in the article source were about CNY 3.42 trillion as of late September 2026.

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