Abstract
Unlike the US market, which focuses on cash dividends, the Chinese capital market is keen on stock splits. Large stock splits are often accompanied by a sharp rise and fall in stock prices, drawing the attention of regulators. In the first half of 2018, PROFIT C&C and WOLW PHARMA split their stock 1.8- for- 1. What is the motivation for listed companies to launch a large stock splits scheme? What are the reasons for the stock price movements of the two companies after the large stock dividends?
| Translated title of the contribution | High-Ratio Stock Splits: Profit Cultural & Creative Group vs. Wolwo Bio-Pharmaceutical |
|---|---|
| Original language | Chinese (Simplified) |
| Number of pages | 13 |
| Publication status | Published - 30 Jun 2019 |
Case number
ACC-19-617Case normative number
ACC-19-617-CCCase type
Field CaseUpdate date
12/04/2024Supplement
For more details, please visit www.chinacases.orgPublished by
China Europe International Business SchoolKeywords
- financial performance
- company market value
- High Sending Turn
- share price
- large shareholders' shares selling
Case studies discipline
- Accounting
- Finance
Case studies industry
- Arts, Entertainment, Sports and Recreation
- Health Care Services