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China's dividend superstars mask stinginess of state companies

They are the exception as overall value of state-owned firms' dividends dropped 4.4% in the two years to 2016

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Published Tue, Aug 29, 2017 · 09:50 PM

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    Hong Kong

    EYE-CATCHING dividends from PetroChina Co to China Mobile Ltd have got investors excited, hopeful the country's state-run behemoths are heeding Beijing's call to revolutionise their approach to shareholder payouts.

    Problem is, they're the exception - not the rule.

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