Man watches stock prices at a brokerage house in Beijing on November 20, 2018. Photo: Simon Song

China’s exchanges start to rein in rampant issuances of bonus stocks among listed companies

  • Publicly traded companies will be banned from dividend share payout ratios above 50 per cent if they fail to meet profitability requirements, stock exchanges say
  • Eight companies set records of paying dividend shares by quadrupling their total number of equities over the past three years
Topic |   China stock market

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Man watches stock prices at a brokerage house in Beijing on November 20, 2018. Photo: Simon Song
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