I did a little research and found that China has 212 million retail investors. Also coal is in the forefront in China because
1. 100 new coal fired power stations have been approved for construction
2. 62% of China's electricity comes from coal fired power stations.
That being so, in my humble opinion, I think there will be some interest in YAL on the Hong Kong SX. It may not happen on the 13th, but will happen. That should have a positive effect on the SP, so even if the SP dips on the ex date, I think it would be very temporary.
Ann: Dividend/Distribution - YAL, page-66
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Last
$6.08 |
Change
-0.160(2.56%) |
Mkt cap ! $8.028B | |||
| Open | High | Low | Value | Volume |
| $6.09 | $6.22 | $6.03 | $13.21M | 2.158M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12261 | $6.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.12 | 11586 | 2 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| YAL (ASX) Chart |