On July 8, Bank of China rose 3.32% in regular trading, trading at HKD 5.01/share, with turnover of HKD 341 million. The broader diversified banking sector rallied in tandem, with CCB up 4.34%, ICBC up 3.08%, and BOC Hong Kong up 3.29%.
The movement is driven by the approaching A-share dividend record date. Bank of China previously announced a cash dividend of RMB 0.1169 per share (pre-tax) for its 2025 final distribution, with the record date set for July 9 and the ex-dividend date on July 10. With the registration deadline imminent, capital inflows seeking to capture the dividend have intensified significantly.
Additionally, 10 banks are scheduled to distribute dividends this week, with aggregate payouts exceeding RMB 91.1 billion. Research indicates that the pre-dividend window typically exhibits a notable buying effect concentrated in the days immediately preceding record dates. The high-dividend certainty offered by major state-owned banks has made them a defensive haven amid broader market volatility, further fueling demand.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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