Chongqing Rural Commercial Bank Updates Final Dividend for 2024

Chongqing Rural Commercial Bank Co ( (HK:3618) ) has shared an update.

Chongqing Rural Commercial Bank Co., Ltd. announced an update to its final dividend for the year ended December 31, 2024. The dividend, approved on May 21, 2025, will be paid at a rate of RMB 1.102 per 10 shares, with a corresponding Hong Kong dollar amount of HKD 1.19738 per 10 shares, using an exchange rate of RMB 1 to HKD 1.086555. The announcement includes details on withholding tax rates applicable to different categories of shareholders, indicating a 10% tax rate for non-resident enterprises and individuals, with a 20% rate for individuals from countries without a tax agreement with China. This update reflects the bank’s commitment to providing returns to its shareholders while adhering to tax regulations, potentially impacting shareholder returns and tax obligations.

The most recent analyst rating on (HK:3618) stock is a Buy with a HK$5.05 price target. To see the full list of analyst forecasts on Chongqing Rural Commercial Bank Co stock, see the HK:3618 Stock Forecast page.

More about Chongqing Rural Commercial Bank Co

Chongqing Rural Commercial Bank Co., Ltd. operates in the financial services industry, primarily focusing on providing banking services to rural and urban areas in China. The bank offers a range of financial products, including loans, deposits, and wealth management services, catering to both individual and enterprise clients.

Average Trading Volume: 16,053,666

Current Market Cap: HK$87.31B

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