CCB Shares Hit Record High as H1 Revenue Reaches RMB436.5 Billion
China Construction Bank's A-shares hit an intraday record high, rising 1.00% to RMB11.09, with a market capitalization of RMB234.92 billion. The banking sector gained 0.65%, led by Bank of China, CITIC Bank, and Postal Savings Bank. The bank reported H1 revenue of RMB436.53 billion, up 10.72% year-on-year, and net profit of RMB169.56 billion, up 4.62%.
China Construction Bank's shares hit an intraday record high during trading. As of 9:34 a. m. , the stock was up 1.00% at RMB11.09, with a trading volume of 15.90 million shares, a turnover of RMB175 million, and a turnover rate of 0.17%. The latest total market capitalization of its A-shares reached RMB234.92 billion, with a free-float market value of RMB106.39 billion.
Across the banking sector, the overall index rose 0.65%, with 35 stocks advancing. Bank of China, CITIC Bank, and Postal Savings Bank led the gains, rising 1.69%, 1.36%, and 1.33%, respectively. Only two stocks declined: Huaxia Bank fell 0.16%, and China Merchants Bank slipped 0.02%.
Margin trading data showed that as of August 31, the stock's margin balance stood at RMB812 million, of which financing balance was RMB753 million, increasing by RMB8.10 million over the past 10 days, a sequential rise of 1.09%. According to the bank's half-year report, revenue for the first half reached RMB436.53 billion, up 10.72% year-on-year, while net profit totaled RMB169.56 billion, up 4.62%. Basic earnings per share were RMB0.6500, and the weighted average return on equity was 4.76%.