Sou Hu Cai Jing·2025-06-28 17:15Summary of Key Points Core Viewpoint - China Merchants Bank (招商银行) has shown a positive stock performance, reaching a near one-year high, and has announced a significant cash dividend for its shareholders [1]. Group 1: Stock Performance - As of June 27, 2025, China Merchants Bank's stock closed at 46.22 yuan, reflecting a 0.5% increase from the previous week's closing price of 45.99 yuan [1]. - The stock reached an intraday high of 47.88 yuan on June 26, 2025, marking its near one-year peak [1]. - The stock's intraday low was recorded at 45.43 yuan on June 23, 2025 [1]. - The bank's current total market capitalization stands at 1,165.661 billion yuan, ranking 1st among 9 in the joint-stock bank sector and 10th among 5,151 in the A-share market [1]. Group 2: Dividend Announcement - China Merchants Bank will hold its 2024 annual general meeting on June 25, 2025, to review and approve the profit distribution plan for 2024 [1]. - The bank will distribute a cash dividend of 2,000 yuan per share (including tax) to A-share shareholders and approximately 2,189.861 Hong Kong dollars per share (including tax) to H-share shareholders [1]. - The payment for H-share dividends is expected to be made around July 30, 2025, after tax deductions [1]. - The bank has provided details on how dividends will be distributed to investors holding A-shares and H-shares through respective stock exchanges [1].