HUISHANG BANK (03698) opened more than 3% higher after issuing a positive profit alert. At the time of writing, the stock was up 3.2%, trading at HK$3.87, with a turnover of HK$6.8151 million. On March 6, the bank announced preliminary estimates based on its unaudited consolidated management accounts. For the year ended December 31, 2025, the group's total assets exceeded RMB 2.3 trillion, representing an increase of approximately 15.5% year-on-year. Operating revenue was approximately RMB 37.67 billion, up about 1.2% year-on-year. Net profit reached approximately RMB 16.93 billion, growing by about 6.3% compared to the previous year. Asset quality continued to improve, with the non-performing loan ratio at about 0.98%, a decrease of roughly 0.01 percentage points from the end of the prior year. The provision coverage ratio for non-performing loans was approximately 278.8%. Based on currently available information, the bank attributed the improved performance in 2025 primarily to its commitment to serving the real economy, increasing credit allocation to key sectors, and promoting balanced business development. Other contributing factors included the ongoing optimization of the asset structure, effective liability management, and successful measures to dispose of non-performing assets and mitigate risks.