Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 7 (Xinhua) — The Shanghai Stock Exchange (SSE) has pledged to boost shareholder returns by encouraging listed companies to increase dividend payouts and continuously enhance their investment value.
In a statement on Friday, the SSE said the exchange would help listed companies increase the scale and frequency of dividend payments and make better use of tools such as share buybacks, mergers and acquisitions, and investor sourcing to increase the investment value of companies.
The statement was released after a seminar on Thursday attended by representatives from a number of Shanghai-listed companies, insurance companies and fund management institutions.
There is already a group of high-yield companies on the Shanghai market. For example, companies listed on the main board reported an average dividend payout ratio of 39 percent in 2024, with a dividend yield of 3.6 percent.
The structure and mechanism of China’s capital market are improving, creating a stronger foundation for high-quality growth, the SSE said.
Underscoring the importance of confidence in Chinese assets, the SSE said it would enrich its portfolio of dividend-linked index products and help create a virtuous cycle of long-term capital, “patient capital” and high-quality equity assets. -0-