Shares of Bank of Qingdao Co., Ltd. (03866) rose more than 4% again. As of the time of writing, the stock was up 4.31%, trading at HK$4.36, with a turnover of HK$16.956 million.

The movement follows the bank's recent release of its 2025 performance forecast. For the full year 2025, the bank achieved operating revenue of RMB 14.573 billion, a year-on-year increase of 7.97%; net profit attributable to the parent company's shareholders reached RMB 5.188 billion, surging 21.66% compared to the previous year. The annualized weighted average return on equity was 12.68%, an improvement of 1.17 percentage points year-on-year.

Guohai Securities noted that Bank of Qingdao's profit growth in the fourth quarter of 2025 significantly outpaced the full-year rate. Single-quarter revenue was RMB 3.560 billion, an increase of 18.2% year-on-year, while net profit attributable to the parent company's shareholders was RMB 1.196 billion, soaring 47.8% compared to the same period last year.

Furthermore, the non-performing loan (NPL) ratio hit a new multi-year low, standing at 0.97%, a decrease of 13 basis points from the end of the third quarter of 2025, bringing it below the 1.00% threshold. The outstanding balance of non-performing loans was RMB 3.841 billion, also reduced from the end of Q3 2025, achieving a simultaneous decline in both the NPL balance and the NPL ratio.