High-Ratio Stock Splits: Profit Cultural & Creative Group vs. Wolwo Bio-Pharmaceutical

Shimin Chen, Xiayan Huang

Research output: Other contributionCase Studies


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?
Original languageEnglish
Number of pages16
Publication statusPublished - 30 Jun 2019

Case number


Case normative number


Case type

Field Case

Update date



For more details, please visit www.chinacases.org

Published by

China Europe International Business School


  • 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


Dive into the research topics of 'High-Ratio Stock Splits: Profit Cultural & Creative Group vs. Wolwo Bio-Pharmaceutical'. Together they form a unique fingerprint.

Cite this