Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Minsheng Banking ( (HK:1988) ) just unveiled an update.
China Minsheng Banking Corp., Ltd. has announced a final cash dividend of RMB 0.62 per 10 shares for the year ending December 31, 2024, with shareholder approval received on June 26, 2025. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09584, with a payment date set for August 5, 2025. The announcement also details the withholding tax rates applicable to different types of shareholders, impacting domestic and non-resident investors differently. This dividend declaration reflects the company’s ongoing commitment to returning value to shareholders and may influence investor sentiment and market positioning.
The most recent analyst rating on (HK:1988) stock is a Hold with a HK$2.65 price target. To see the full list of analyst forecasts on China Minsheng Banking stock, see the HK:1988 Stock Forecast page.
More about China Minsheng Banking
China Minsheng Banking Corp., Ltd. operates within the financial services industry, primarily offering banking services and products. The company focuses on providing comprehensive financial solutions to both domestic and international clients, leveraging its position in the market to cater to a diverse range of stakeholders.
Average Trading Volume: 40,204,748
Technical Sentiment Signal: Buy
Current Market Cap: HK$226.2B
See more data about 1988 stock on TipRanks’ Stock Analysis page.