On September 14, MINSHENG BANK rose 3.03% in regular trading, trading at HKD 3.57/share, with turnover of HKD 10.27 million.
On the news front, today is the stock rights registration date for the bank's interim A-share dividend distribution. MINSHENG BANK will distribute a cash dividend of RMB 0.118 per share (pre-tax), with the ex-dividend date and cash payment date both set for September 15. The total payout is based on approximately 43.78 billion shares of total share capital, amounting to roughly RMB 5.166 billion in aggregate cash dividends, of which approximately RMB 4.185 billion will be paid to A-share holders. The distribution plan was approved at the 24th meeting of the ninth board of directors on August 28, authorized by the annual general meeting held on June 17.
It is worth noting that the bank's interim report showed revenue of RMB 75.17 billion for the first half, up 3.84% year-over-year, while net profit attributable to shareholders declined 8.62% to RMB 19.54 billion. Total assets also edged down 0.49%, making it the only listed joint-stock bank to see a contraction in asset size during the period.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)