Finance2 sources
Chinese Firms' Q3 Dividend Growth Below Global Average Amid Market Slump
- Chinese firms' third-quarter dividend growth was 5.3% on a core basis, lagging behind the global average of 7.5%.
- The report was released by Capital Group and published by the South China Morning Post.
- The lower dividend growth raises questions about the effectiveness of Beijing's stock market stabilisation plans.
- The Dividend Watch report highlighted the disparity in dividend growth between Chinese firms and the global average.
- The market slump is cited as a primary cause for the lower dividend growth in China.