• 11/29/2024

Chinese companies rush to raise dividends, buy back shares in Japan-style reform

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China-listed firms paid cash dividends totalling 2.2 trillion yuan (US$300 billion) for 2023 despite a fall in combined profit, official data shows. Fund managers are not convinced broader governance improvements are afoot.

https://www.scmp.com/business/banking-finance/article/3264641/chinese-companies-rush-raise-dividends-buy-back-shares-japan-style-reform?utm_source=rss_feed