China's Feihe (06186) rose more than 6% in the afternoon. As of press release, it had risen 6.25% to HK$391, with a turnover of HK$160 million.
The Zhitong Finance App learned that China's Feihe (06186) rose more than 6% in the afternoon. As of press release, it had risen 6.25% to HK$3.91, with a turnover of HK$160 million.
According to the news, China Feihe recently announced its annual results. Notably, the company's dividend ratio in '23 was as high as 70%, which is a significant boost compared to 48% in the same period last year. China Merchants Securities said that Feihe's 24-year performance is expected to stabilize. As a high-quality target with high cash, the dividend rate increased dramatically in 23, and the dividend amount is expected to increase year by year in the future. It is recommended to focus on reversal opportunities.