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21-09-2023, 10:22 AM
(20-09-2023, 10:46 PM)dreamybear Wrote: I think the move at least shows the authorities are investor friendly ?
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https://www.businesstimes.com.sg/compani...ket-plunge (emphasis added)
"...Firms may further increase their payouts after the country’s securities watchdog recently urged domestic companies to pay good dividends. Those that do not meet a certain payout ratio will be asked for an explanation, the Shanghai Securities Journal reported on Tuesday (Sep 19)...."
hi dreamybear,
Authorities are investor friendly until they are not. They are not investor friendly until they are.
I wonder who are the biggest shareholders and tax collector (10% withholding tax on dividend in China) of these "investor friendly" actions?