China’s long-term push to attract institutional investors is paying dividends this year. Photo: Xinhua

Chinese banks and state-owned firms bright spot as dividend payouts slashed around the world

  • Chinese state-backed groups are raising dividend payouts, even as US and European firms conserve cash
  • China Mobile, China Merchants Bank boost 2019 full-year dividend payments; Ping An Bank raises 2020 dividend
Topic |   Stocks
China’s long-term push to attract institutional investors is paying dividends this year. Photo: Xinhua
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