HK Stock Market Move | BQD(03866) rose by over 4% again, with a year-on-year profit increase of over 20%. Non-performing loan ratio significantly improved.

BQD (03866) rose by over 4%, as of the time of writing, it rose by 4.31%, to 4.36 Hong Kong dollars, with a turnover of 169.56 million Hong Kong dollars. In terms of news, BQD previously released its 2025 performance report. In 2025, it achieved an operating income of 14.573 billion yuan, up 7.97% year-on-year; net profit attributable to the parent company was 5.188 billion yuan, up 21.66% year-on-year; weighted average return on net assets (annualized) was 12.68%, an increase of 1.17% year-on-year. Sealand stated that in the fourth quarter of 2025, BQD's single-quarter profit growth rate far exceeded the annual growth rate, with a single-quarter revenue of 3.56 billion yuan, an increase of 18.2% year-on-year; net profit attributable to the parent company was 1.196 billion yuan, up 47.8% year-on-year. In addition, the non-performing loan ratio reached a recent low, with a non-performing loan ratio of 0.97%, a decrease of 13 basis points from the end of the third quarter of 2025, falling below 1.00%; the balance of non-performing loans was 3.841 billion yuan, a decrease from the end of the third quarter of 2025, achieving a "double reduction" in balance and ratio.