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CCB to Reasonably Control Div. Lv Based on Supervisory Policy Guidance, Others
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Wang Bing, Executive Vice President of CCB (00939.HK), said at the interim results meeting that CCB's total loans and advances in 1H24 increased RMB1.58 trillion from the beginning of the year, up 6.6%, which is higher than the average growth rate of credit in the market.

In addition, Chief Financial Officer Sheng Liurong said that CCB has always attached great importance to dividend. CCB maintained a 30% dividend payout ratio for the last 5 years, and its H-share dividend yield was 7% in 1H24.

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In the next step, CCB will reasonably control the dividend level in accordance with the guidance of the regulatory policy, and taking into account the demands of investors and the endogenous replenishment of its own capital.
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