Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs Constructs CN Shareholder Returns Portfolio Including ICBC, BANK OF CHINA, CM BANK, TENCENT, JD, BYD COMPANY, Others
Recommend 93 Positive 197 Negative 72 |
||||
|
||||
|
An investment theme based on shareholder returns is taking shape in China, Goldman Sachs released a research report saying. Listed Chinese companies returned over RMB2 trillion to shareholders through dividend and buybacks in each of the past 3 years. Goldman Sachs was bullish on the theme, and constructed a China shareholder returns portfolio that include companies with stable cash flow generation, dividend or buyback surprise candidates, and select central or state-owned enterprises (SOEs). The portfolio includes ICBC (01398.HK), BANK OF CHINA (03988.HK), CM BANK (03968.HK), PICC P&C (02328.HK), TENCENT (00700.HK), JD-SW (09618.HK), BYD COMPANY (01211.HK), YUM CHINA (09987.HK), ZTO EXPRESS-W (02057.HK) and TONGCHENGTRAVEL (00780.HK), etc.. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
