Bank Of Shanghai’S Prelim 2024 Net Profit Up 4.5% Y/Y

End-of-day quote Shanghai S.E.			5-day change	1st Jan Change
9.510 ^CNY	+0.74%		+1.60%	+3.93%

March 28, 2025 at 05:41 am EDT

March 28 (Reuters) – Bank of Shanghai Co Ltd
:

* PRELIM 2024 NET PROFIT UP 4.5% Y/Y

Source text
Further company coverage:
(Reporting by Beijing Newsroom)

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Bank Of Shanghai’S Prelim 2024 Net Profit Up 4.5% Y/Y	05:41am	RE
China’s NAFMII Accepts Fosun Pharma’s Application to Issue Up to 10 Billion Yuan Bonds	Mar. 26	MT
Bank of Shanghai Co., Ltd.(SHSE:601229) added to Shanghai Stock Exchange 180 Value Index	Dec. 17	CI
Bank of Shanghai Co., Ltd.(SHSE:601229) added to SSE 180 Index	Dec. 17	CI
Bank of Shanghai Issues 20 Billion Yuan Bonds	Dec. 02	MT
Bank of Shanghai Chooses Linedata’s Global Hedge Solution to Improve Reporting Capabilities	Nov. 13	CI
Bank of Shanghai Fully Redeems 20 Billion Yuan in Bonds	Nov. 12	MT
Citigroup Inc. and Bank of Shanghai Launches First-Of-Its-Kind Payments Solution for International Travelers in China	Nov. 12	CI
Bank of Shanghai Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2024	24-10-30	CI
Bank of Shanghai Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024	24-08-28	CI
Bank of Shanghai H1 Profit Up 1%, Net Interest Income Down 11%	24-08-28	MT
Bank of Shanghai Issues 20 Billion Yuan Bonds	24-08-12	MT
Bank of Shanghai Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	24-04-25	CI
Beijing Tong Ren Tang Chinese Medicine CEO Steps Down; Acting CEO Appointed	24-03-28	MT
Bank of Shanghai Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	24-03-22	CI
Bank of Shanghai Appoints Vice Chairman, President	23-12-11	MT
Bank of Shanghai Posts Flattish Profit in Q3 as Revenue Slides 6%	23-10-27	MT
Bank of Shanghai Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-26	CI
17 of 42 Listed Banks in China Slash Salaries in H1	23-09-07	MT
Bank of Shanghai Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-24	CI
CIMC Raises 500 Million Yuan from Issue of 92-Day Bonds	23-06-14	MT
FTSE 100 Closes Up 0.1% as Investors Eye Fed, ECB Rate Decisions	23-06-12	DJ
UK Wage Growth Will Keep Interest Rates High	23-06-12	DJ
China Nonferrous executes loan agreement with CNMC Trade	23-06-12	AN
Bank of Shanghai Fined for Illegal Forex Transactions	23-05-05	MT

Duration

Period

601229: Dynamic Chart

Bank of Shanghai Co. is a banking group organized around 3 areas of activity:

– investment banking (69.5% of Net Banking Income);

– market banking (22.9%);

– retail banking (7.6%): sales of conventional and specialized banking products and services (consumer credit, home loans, insurance, etc.).

At the end of 2017, the group managed EUR111.4 billion in current deposits and EUR74 billion in current loans.

Its products and services are marketed through a network of 312 agencies located in China.

More about the company

Sell

Buy

Last Close Price

9.510CNY

Average target price

9.418CNY

Spread / Average Target

-0.97%

Consensus

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Bank Of Shanghai’S Prelim 2024 Net Profit Up 4.5% Y/Y

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