Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update.
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Postal Savings Bank of China has announced an interim dividend for the first half of 2024, setting the dividend at RMB 1.477 per 10 shares. Shareholders will receive their payments in Hong Kong dollars, with the exchange rate fixed at RMB 1 to HKD 1.0805554055, and the payment date set for January 24, 2025. The bank also detailed specific withholding tax rates for non-resident shareholders, depending on their country of residence and tax treaties with China.
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