On August 31, PSBC rose 4.74% in regular trading, trading at HK$5.19/share, with turnover of HK$399 million. The rally was driven by the bank's solid interim results and an enhanced shareholder return plan.

PSBC reported H1 revenue of RMB 192.48 billion, up 7.26% year-over-year, with net profit attributable to shareholders reaching RMB 51.50 billion, up 4.62%. Notably, Q2 standalone net profit grew 7.48%, accelerating from Q1. Net interest income rose 5.82% to RMB 147.15 billion, while non-interest income surged 12.25% to RMB 45.34 billion, leading all six major state-owned banks in fee income growth at 12.2%. The board approved a mid-year dividend of RMB 1.33 per 10 shares, totaling approximately RMB 15.97 billion, lifting the interim payout ratio to 31%, up one percentage point from prior years.

The broader state-owned banking sector rallied in tandem, with Bank of China up 4.21%, CCB up 1.97%, and BOC Hong Kong up 2.06%.

(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.)