The Zhitong Finance App learned that China Taibao (02601) rose more than 5% in the afternoon. As of press release, it had risen 3.82% to HK$2,938, to HK$234 million.
According to the news, at noon on July 20, China's Taibao issued an announcement. The company firmly believes in the fundamentals of China's long-term economic improvement and is firmly optimistic about the development prospects of China's capital market. The company adheres to the investment philosophy of “value investment, long-term investment, steady investment, and responsible investment”, and is optimistic about the long-term allocation value of the Chinese equity market. Since this year, the company has continued to take advantage of the long-term investment advantages of insurance funds and increase the equity allocation ratio. In the future, we will continue to invest in stocks and ETFs in the fields of technological growth, consumption, new energy, etc., to support the cultivation and development of new quality productivity and become real market patient capital.
According to the announcement, the company firmly implements the established profit distribution policy, optimizes the frequency of dividends, and continues to return shareholders. In 2026, the company will focus on optimizing the dividend rhythm and actively preparing for mid-term profit distribution. According to the resolution of the company's 2025 annual shareholders' meeting, the board of directors is authorized to decide on the 2026 mid-term profit distribution plan to enhance dividend stability, sustainability and predictability, and further enhance investors' sense of acquisition.