Caixin
Mar 08, 2011 06:41 PM

Lianghui Quotes 2011/3/8

"As of August 3, 2010, among 1,898-listed companies, 618 of them have not distributed dividends for three consecutive years. In particular, certain companies have withheld from profit-sharing for as long as 11 years."

He Qiang, member of the Chinese People's Political Consultative Conference

"The stock market in China financed up to 1 trillion yuan, ranking the first in the world in 2010. Meanwhile, the growth of the stock index hit the third lowest among all stock markets in the world. The over-issuance of stock shares led to a huge impact over the market. The Shanghai Composite Index fell by 14.31 percent in 2010 with more than 60 percent of investors suffering losses."

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