Changes in Hong Kong stocks | Chongqing Rural Commercial Bank (03618) rose more than 4% in the afternoon, profit in the first three quarters increased 8%, and profit growth accelerated in the third quarter

The Zhitong Finance App learned that Chongqing Rural Commercial Bank (03618) rose more than 4% in the afternoon. As of press release, it rose 4.16% to HK$6.765, with a turnover of HK$139 million.

According to the news, Chongqing Rural Commercial Bank announced that from January to September 2026, the Group achieved net profit of 11.798 billion yuan, an increase of 7.99% over the same period last year; of this, net profit attributable to the Bank's shareholders was 11.534 billion yuan, an increase of 7.86% over the same period last year. The annualized average return on total assets was 0.92%, consistent with the same period last year. The annualized weighted average return on net assets was 10.94%, an increase of 0.12 percentage points over the same period last year.

CICC pointed out that Chongqing Rural Commercial Bank's 3Q26 revenue was +9.89% year over year, net profit to mother was +12.38% year over year, and profit growth continued to accelerate in the single quarter. We believe that the acceleration in profit growth in the third quarter was mainly due to other non-interest income support and marginal relief of credit cost pressure.