Movement Alert｜Postal Savings Bank of China Rises 3.26% in Regular Trading, Dividend Record Date Approaching Amid Banking Sector Rally

Market Focus07-08

On July 8, Postal Savings Bank of China rose 3.26% in regular trading, trading at HK$4.74/share, with turnover of HK$116 million. The rise comes as the bank's dividend record date on July 10 is just two trading days away, triggering visible capital inflows for dividend capture.

On the news front, the bank announced a cash dividend of RMB 0.0953 per share (pre-tax) based on a total share capital of approximately 12.01 billion shares, with the ex-dividend date set for July 13. The total distribution amounts to approximately RMB 11.445 billion. Meanwhile, the broader mainland banking sector rallied strongly, with CCB up 5.36%, Bank of China up 5.39%, ICBC up 4.78%, and BOC Hong Kong up 5.84%, generating a pronounced sector linkage effect that further supported sentiment toward the stock.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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