Movement Alert|CM BANK Rises 3.02% in Regular Trading, H1 Revenue and Profit Both Return to Positive Growth as New President Debuts at Earnings Briefing

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On August 31, CM BANK rose 3.02% intraday, trading at HK$50.55/share, with turnover of HK$357 million.

On the news front, CM BANK disclosed its interim results on August 28, reporting H1 revenue of RMB 178.181 billion, up 4.83% year-over-year, and net profit attributable to shareholders of RMB 76.445 billion, up 2.02% YoY — marking a return to double positive growth in both revenue and profit. Net interest income reached RMB 112.022 billion (+5.60% YoY), while non-interest income came in at RMB 66.159 billion (+3.56% YoY). Notably, Q2 standalone net profit grew 2.52% YoY to RMB 38.593 billion, showing sequential improvement. Total assets expanded to RMB 13.79 trillion, up 5.47% from year-end. Operating cash flow surged 126.54% YoY to RMB 304.611 billion.

Additionally, newly appointed President Wang Xiaoqing made his first appearance at the earnings briefing on August 31, characterizing H1 performance as demonstrating steady progress with positive momentum, boosting market sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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