When market goes bull , the stock soar. When market goes bear , the government pull the index by pumping the bank stocks. Every year more than 5% dividend , higher than fixed deposit. Just buy it if you have many money but don't know how to invest. $BANK OF CHINA (03988.HK)$
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WzaJr
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75% company shares dropping but the index still go up
$BANK OF CHINA (03988.HK)$Hi, may I know if there is any tax, deduction when receiving dividend from this stock as a Malaysian? Was charged HKD30 when receiving dividend from HongKong ETF as corporate action fee.
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103367927
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Hello there! Thank for reaching out , to answer your question at hand , your cash dividend received will imposed below fee structure 1) Fees for A-Shares Cash Dividend: "Dividend collection" 0.5% × total dividend amount, with a minimum charge of CNY 20 each time. If the dividend is less than CNY 20, the actual dividend will be deducted in full. "Dividend tax" 10% of the total dividend amount, deducted when the dividend is distributed. For more information, please visit our official website: CN Stocks & ETFs-moomoo Help Center 2) Fees for A-Share Bonus Share Dividend: Handling fee is CNY 1 per lot (less than 1 lot is counted as 1 lot), minimum CNY 20 each time, maximum CNY 2,000. 3) Dividend Tax / Withholding Tax for A-Share: "Dividend tax" 10% of the total dividend amount, deducted by the State Taxation Administration of The People's Republic of China when the dividend is distributed. We hope this clarifies your concern, should you need further clarification, please feel free to contact us through online inquiry. Have a nice day.
Green Leaf Froggie : BOC HQ in Beijing & worldwide and BOC HK is only a branch
Green Leaf Froggie : buy BOC 3988 in HKD HSI or SGX HK SDR HBND in SGD
Green Leaf Froggie : buy now .. big 4 China banks earnings on 28 March 2025
Anivid : but it seems MACD is going down...