Nanhua Futures said the H-share benchmark price decline on June 17 reflects an
ex-rights and ex-dividend adjustment linked to the company’s 2025 distribution.
At the June 15, 2026 AGM the company approved a 2025 distribution of a cash
dividend of 0.069 yuan per share and a bonus issue of 0.45 shares per share. As
an A+H listed issuer, A‑ and H‑share entitlement timetables differ: June 16 was
the last cum-entitlement trading day for H‑shares and June 17 was the first
ex‑entitlement trading day, mechanically lowering the H‑share price. The H‑share
distribution is scheduled to be completed on Aug 10.
