Dividend growth to slow at Hong Kong-listed firms, report says

China Construction Bank will be among the top five biggest dividend payers, the Markit report says. Photo: Reuters

Dividends at Hong Kong-listed companies are expected to grow a little more slowly for fiscal 2013, levelling off from the sharp increases in the previous two years, a report from research firm Markit said.

Wednesday, 8 January, 2014, 12:16pm

Institutions back huge fee rise for Hang Seng board

Bank chairman Raymond Ch'ien will get a jump of 34 per cent in his fee, while other directors get a 32 per cent rise. Photo: Dickson Lee

Hang Seng Bank's minority shareholders failed to stop a plan to give directors a rise in fees of more than 30 per cent while dividends stay unchanged, after the motion was carried with the overwhelming support of large institutional stakeholders.

17 May 2013 - 6:18am

HSBC executives cash in shares worth HK$46m

HSBC Group finance boss Iain Mackay, chair Douglas Flint and chief executive Stuart Gulliver.

HSBC plans to raise its dividends in the first three quarters this year, but its three top executives are not waiting to reap the full benefit of this move. Chief executive Stuart Gulliver, chairman Douglas Flint and finance director Iain Mackay sold shares worth a total of £4 million (HK$46.6 million) on Monday.

9 Mar 2013 - 5:43am

StanChart raises dividends, cuts back on top bonuses

Standard Chartered Asia chief executive Jaspal Bindra says the bank will continue hiring. Photo: Nora Tam

Standard Chartered lifted its 2012 dividend payout 11 per cent but bonuses paid to top executives slipped amid higher regulatory costs.

6 Mar 2013 - 5:18am

High dividend payout sparks rally in Anta Sports Products shares

Anta Sports Products says sluggish demand led to a 21.5 per cent fall in profit last year. Photo: Bloomberg

Shares of Anta Sports Products rose as much as 4.7 per cent yesterday, driven by the mainland sportswear retailer's plan to pay high dividends despite a sharp fall in profit.

Some analysts said the sportswear industry on the mainland had not bottomed out yet and this year would be even tougher for major players such as Anta.

26 Feb 2013 - 4:54am

Stock Watch: Chinese toll companies

Toll company revenues are predictable and stock yields should grow with the mainland economy. Photo: Reuters

In these times of low interest rates and volatile share markets, investors keep coming back to dividend stocks. A near inescapable market logic drives this. Low interest rates make returns on high-grade bonds unattractive. In fact, once inflation is factored in, the returns are typically negative and the bonds risk losing value when interest rates rise. Equities are appealing but risky.

8 May 2015 - 9:46am

China Gas pricing change results in extra dividend

China Gas will continue to expand its number of city gas projects but managing director Liu Minghui, above, did not give a target figure. Photo: Jonathan Wong

China Gas, which has endured in-fighting among top management and a prolonged battle against hostile takeover bids in the past two years, declared its maiden interim dividend since its establishment a decade ago.

The Shenzhen-based firm, the mainland's largest city natural gas distributor by number of projects, posted a 116 per cent jump in interim profit.

29 Nov 2012 - 3:46am

Nokia may scrap investors' dividends as cash rapidly runs out

Nokia has lost €2.34 billion in the first half of 2012. Photo: Bloomberg

As Nokia depletes its cash pile amid a prolonged turnaround effort, investors are bracing for something that hasn't happened in decades: no dividends.

28 Sep 2012 - 2:54am

Clear Media may cut bus shelter ads to drive sales

Clear Media, a Hong Kong-listed mainland outdoor media company, yesterday said it may cut the price of bus shelter advertising in the second half because of the unfavourable economic environment.

15 Aug 2012 - 10:58pm

Smart money

Best forums for discussing investment

www.financialwebring.org and www.bogleheads.org/forum

30 Jul 2012 - 12:00am

Emperor sees stable gains in retail rents

Property investment and development company Emperor International Holdings expects rental income from its retail properties to increase by up to 20 per cent this year, despite slowing growth in retail sales in Hong Kong.

21 Jun 2012 - 12:00am

CSRC to scrutinise cash positions of listed firms

The mainland's securities regulator is inspecting listed firms to identify those that have not allocated a reasonable amount of cash for dividend payouts.

11 May 2012 - 12:00am

Huabao hit by fake-profits claim

Shares in Huabao International Holdings plunged by almost a fifth yesterday. Investors dumped the stock even after the company defended itself from an anonymous online research report accusing it of inflating profits and alleging that the firm's chairwoman, Chu Lam Yiu, had illegitimately 'recycled' proceeds of share sales back into the company to sustain high dividend payouts.

5 May 2012 - 12:00am

Business Digest

China Shipping unable to chart course out of gloom

17 Mar 2012 - 12:00am

Ad slot sales push SinoMedia net profits 51pc higher

Shares of SinoMedia rose almost 20 per cent yesterday, after the company reported a 51 per cent increase in net profit last year and proposed a special dividend of 10.6 HK cents.

17 Mar 2012 - 12:00am