ANZ pays 10% in Dividends, page-35

But the new CEO is still keen on Asia, as are all the other major banks now with WBC and CBA both keen on doing more business in Asia as they mentioned in their recent announcements just a few months ago, and NAB also opening their first Asian branch in China (Beijing) last year. They all know the market's short-term apprehension to any Asia-focussed strategy given the impact on the ANZ share price, so they are doing it on the downlow so to speak. Also think of TLS and their potential Phillipines foray and the market reaction to this or IAG and their former plans to do more business in China and the lack of investor support for this. Even WOW now is making a small play into Asia with their store on Ali Baba's Tmall Global, again without too much fanfare. They all know that long-term they need to be in Asia, in particular due to the fastest growing middle class population being located here - it's just that the market is short-term focussed and if they don't manage expectations accordingly they will be met with fear and selling due to people's current risk appetites and broader sharemarket volatility. If a single analyst opinion can trigger a 4%+ share price fall in a large cap stock such as this in a single day, surely there is some irrational and panic-driven behaviour at play here?