Jingrui pays dividend almost twice its profit ahead of Hong Kong IPO

Shanghai-based developer Jingrui Holdings, which plans to list in Hong Kong, paid its co-chairmen and other shareholders a 372.6 million yuan (HK$473.6 million) interim dividend for the six months to June, about eight times more than last year's whole-year dividend, according to its listing prospectus.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1336254/jingrui-pays-dividend-almost-twice-its-profit-ahead