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Amoxtli to Economy@lemmy.worldEnglish · 6 months ago

China’s record dividend payout intensifies pressure on the yuan

finance.yahoo.com

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China’s record dividend payout intensifies pressure on the yuan

finance.yahoo.com

Amoxtli to Economy@lemmy.worldEnglish · 6 months ago
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(Bloomberg) -- China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts leading to outflows.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Interim dividends paid by Hong Kong-listed Chinese firms are set to reach $12.9 billion between January and March, a record level for the first quarter, according to Bloomberg-compiled data. That comes as fourth quarter levels have already topped
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