Shares of Huishang Bank Corp (03698.HK) surged 5.30% in pre-market trading on Friday, following the release of its impressive full-year financial results. The stock's significant uptick comes as investors react positively to the bank's solid performance and generous dividend payout.

According to the financial report released Thursday evening, Huishang Bank posted a net profit attributable of RMB15,414 million for the fiscal year. The bank's net interest income reached RMB28,591 million, with a net interest margin (NIM) of 1.71%. In a move that has particularly pleased shareholders, the bank has recommended a cash dividend of RMB0.21 per share.

The market's enthusiastic response also appears to be driven by Huishang Bank's strong financial position. The report revealed a core Tier 1 capital adequacy ratio of 9.83%, indicating the bank's robust capital strength. Moreover, the non-performing loan (NPL) ratio stood at a low 0.99%, suggesting effective risk management practices. These figures have likely bolstered investor confidence in the bank's stability and growth prospects, contributing to the stock's pre-market rally.