PODCAST: Relaxing Data Requirements, and a Big Dividend
China exempts most foreign firms from worrisome data requirements. But will it change its mind later? And a leading fintech lender offers a massive dividend. But shareholders worry more about its rapidly shrinking size.
PODCAST: China’s coffee comeback kid passes new milestone, and Miniso launches dividend policy
The unlikely comeback for scandal-tainted coffee chain Luckin marches on, as the company passed rival Starbucks in revenues for their China business. But is Luckin expanding too quickly? And low-cost retailer Miniso announces a dividend policy, saying it will return 50% or more of its profits to shareholders. Will more new economy Chinese companies follow suit as investors lose interest such stocks simply for the “China growth story”?
Miniso rings up dividend policy to lure investors
The Chinese budget lifestyle retailer will pay out 50% or more of its profits as a regular dividend, though the company has lost money in three of the last four…
JD.com backs its merchants with $1.5 billion. But investors aren’t buying it
China’s No. 2 e-commerce company launched a 10 billion yuan subsidy plan for its merchants, as it eyes improving consumer sentiment in the second half of this year Key Takeaways:…
FAST NEWS: Cango Announces Large One-Time Cash Dividend
The latest: Car trading services platform Cango Inc. (CANG.US) announced it will pay a one-time cash dividend of $1 per American depositary share (ADS). It also announced a new program…
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PODCAST: Relaxing Data Requirements, and a Big Dividend
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