The Shanghai Stock Exchange said on Aug 30 that in 1H 427 Shanghai-listed
companies announced interim dividends totaling 633.0 bln yuan, up YoY. The six
major banks’ combined interim payouts reached 220.9 bln yuan. Sixteen companies
declared interim dividends exceeding 10.0 bln yuan. Firms with steady profit
growth and strong operating cash flows are increasingly adopting multiple
dividend distributions per year.