HK Stock Market Move | BQD (03866) rises nearly 5% intraday; net profit attributable to shareholders up 15.67% year-on-year in the first three quarters; asset quality is expected to remain stable going forward.

BQD (03866) rose nearly 5% intraday, up 4.81% as of press time at HK$5.015, with turnover of HK$66.9721 million. On the news front, on October 28, BQD released its results for the first three quarters of 2026. The group recorded operating revenue of RMB12.632 billion, up 14.78% year-on-year; net profit attributable to shareholders of the parent company was RMB4.617 billion, up 15.67% year-on-year; basic earnings per share were RMB0.75. Shenwan Hongyuan Group previously noted that in 2Q26, BQD's overdue ratio and special-mention ratio were at absolute lows of only 1.17% and 0.56%, respectively, and its annualized non-performing loan formation rate in 1H26 remained stable at 0.4%. Under prudent risk control, asset quality is expected to remain stable going forward. The bank believes that at a time when capital is relatively constrained, strengthening internal capital retention and refined capital management are necessary measures to support high-quality scale expansion. Short-term earnings growth may continue to lead peers, but it also looks forward more to the timely unblocking of external capital supplementation.