Reuters with the summary of developments in Chinese stock markets:
- China-listed firms announced record cash dividends totalling 2.2 trillion yuan ($300 billion) for 2023 despite a fall in combined profit, official data shows.
- Over 100 listed companies returned money to investors for the first time.
- a growing number of firms are unveiling share buyback schemes
- China's measures, designed to improve investor returns and announced in March, have triggered a solid rebound in stocks
Here is the link if you are interested in more on this, the report makes comparisons with Japan and South Korea.
