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Bank of Chongqing Co., Ltd. Class H ( (HK:1963) ) has provided an update.
Bank of Chongqing Co., Ltd., a mainland Chinese joint stock commercial bank, provides a range of banking and deposit-taking services to customers in the PRC and holds regulatory approvals from Chinese authorities. Although listed in Hong Kong, it is not licensed as a bank there and does not conduct regulated banking or deposit-taking business in the Hong Kong market.
The bank reported solid unaudited results for the first quarter of 2026, with total assets rising 7.2% from year-end 2025 to RMB 1.11 trillion and customer deposits up 8.7%, underscoring balance sheet expansion and funding growth. Operating income increased 14.59% year-on-year and net profit grew 11.22% to RMB 1.90 billion, while returns on equity improved, indicating stronger profitability, though the annualized return on average total assets dipped slightly and operating cash flow declined marginally. The board unanimously approved the report, and senior executives confirmed the accuracy and completeness of the financial statements, signaling governance stability and management confidence in the bank’s financial position.
More about Bank of Chongqing Co., Ltd. Class H
Bank of Chongqing Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China, operating under a mainland financial licence and business licence. It offers banking and deposit-taking services primarily within the PRC, but is not an authorised institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 1,345,103
Technical Sentiment Signal: Buy
Current Market Cap: HK$38.9B
Learn more about 1963 stock on TipRanks’ Stock Analysis page.