WorldSouth China Morning Post
As Beijing pushes for cash return, Chinese firms can unlock 15% valuation boost: report
Read the full story at South China Morning Post
Chinese companies could unlock a further 15 per cent in equity valuation upside by stepping up share buy-backs and dividend payouts, as Beijing seeks to encourage listed firms to return more cash to investors, according to Goldman Sachs.
The US investment bank said in a report on Wednesday that an increase in corporate payout ratios and share repurchases, in line with policymakers’ efforts to improve shareholder returns, could lift valuations of the MSCI China Index by about 15 per cent from...
More world
- घट्यो अमेरिकी डलरसहित यी विदेशी मुद्राको मूल्यNepal Khabar
- Kashmiri wazas set deadlines for wedding meals citing lack of sleep, long working hoursThe Hindu
- The summit Europe loves to hatePolitico Europe
- More than 300 migrants rescued off Spain’s Canary IslandsAl Jazeera
- Tourists Brave a Muddy Jungle Trek to See a Famed World War II WreckThe New York Times
- ALT: She Is Rewriting Mexico’s Ballads, One Woman’s Story at a TimeThe New York Times