06.02.2012 - China sovereign fund cuts 3 banks' dividend ratios to 35pct
The domestic investment arm of China's sovereign-wealth fund said Friday it will allow three major Chinese lenders in which it owns stakes to cut their dividend ratios by 5 percentage points to 35% in 2011. Central Huijin Investment Ltd., a wholly owned unit of China Investment Corp., said on its website the move is intended to raise the banks' capacity to grow using their own profits..............................................Full Article: Source
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