STOCKS | Bank Of China H Shares Rise 3% After First-Half Profit Gains 5.1%

Bank of China (03988) H shares rose 3% to HK$5.75, briefly hitting a record high of HK$5.77, after the lender reported first-half net profit of RMB 123.594 billion for the six months ended June 30, 2026, up 5.1% year on year, according to ETNet. The bank said operating income rose 8.4% to RMB 357.113 billion, while net interest income increased 10.20% to RMB 236.733 billion. Basic earnings per share were RMB 0.36 and interim dividend was RMB 0.119 per share. Bank of China said its net interest margin was 1.27%, up 1 basis point from a year earlier. The cost-to-income ratio fell 1.68 percentage points to 23.43%, while the non-performing loan ratio stood at 1.22% at end-June, down 0.01 percentage point from the end of last year. Capital adequacy ratio was 18.31%.