Posts Tagged ‘freely’
Question by : How do listed companies in China pay dividend while the cash are not freely convertible?
Please correct me if I am wrong or they are of separate concepts.
The Chinese currency Renmenbi are not freely convertible in the international forex market. If I purchase a Hong Kong listed / ADR of the listed company based in Mainland china, do I expect it to pay dividend as the cash should not be freely transferred out of China?
I would appreciate if you may quote the source, links etc. Thanks
Answer by Malinda
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