China Zheshang Bank (CZBANK) saw its stock price plummet by 5.04% during Friday's intraday trading session, following the release of its disappointing first-half 2025 financial results. The sharp decline comes as investors react to the bank's weakening performance in a challenging economic environment.
According to a Hong Kong bourse filing on Thursday, China Zheshang Bank reported an attributable profit of 7.67 billion yuan for the first half of 2025, representing a 4.2% decrease from the 8 billion yuan recorded in the same period last year. The bank's earnings per share also declined to 0.28 yuan from 0.29 yuan in the prior year. More concerning for investors was the 5.8% year-on-year decrease in operating income, which fell to 33.27 billion yuan.
The significant stock price drop of 5.04% reflects investors' growing concerns about the bank's ability to maintain profitability and generate growth in the face of economic headwinds. This negative sentiment was already evident in early trading, with shares of the commercial bank falling 3.2% in morning trade on Friday, before accelerating their decline throughout the day.