Ming Pao News Agency

In response to the epidemic, Hui Control and Standard Chartered Bank will no longer pay dividends before the end of the year. Hui Control originally promised that the mid -term interest distributed in the middle of this month was cherished. Hong Kong holding retail investors, especially retired foods, complained.The epidemic cracks down on the global economy. However, there is no funding problem for exchange control and no need to flutter. For small shareholders, the promise of paying good dividends can suddenly be counted.Solving the anger of retail investors.Hong Kong business is the main source of revenue of foreign exchange control, and the exchange control is one of the bank banknote banks in Hong Kong.Funding to save the country, highlighting the era of globalization. At critical moments, multinational companies still prioritize national interests. Even if Hong Kong retail investors have helped Hui Control in the financial tsunami in the past, they will not get special care.

In line with British Bank's requirements

Hui Control violates the promise retail hard food

Hui Control is the eighth largest bank of global assets. Hong Kong's business is the largest source of exchange control revenue and profits. It contributes about one -third of its income and half of the pre -tax profit.Once upon a time, this big stupid elephant was even more important in the Hong Kong stock industry. The HSI was rising or falling.There are still some affection for British -funded banks, and I feel that the exchange control is closely connected to Hong Kong, and the rest is common.During the anti -repair storm last year, some citizens watched the bronze lion outside the door of the Central Hui Control Bank, which was damaged, and felt more tears. The brand of HSBC was still symbolic in Hong Kong.

In 2008, the financial tsunami, the exchange control was also impacted, and the funds for funding were required to be raised. On the same day, the exchange control shouted the affection for Hong Kong shareholders and called on Hong Kong retail investors to help each other.In the end, the proportion of Hong Kong shareholders participated in the share supply was quite high.Since 2006, Hui Control has insisted on dividend dividends in 14 years, and cumulative cash dividends are hundreds of billions of Hong Kong dollars.Although the performance of exchange control in recent years is mediocre, it is not comparable to Hang Seng Bank. However, as a typical interest -bearing stock, there are still many retail accounts, especially the food family and retirees with accumulated savings.Even if the European and American epidemic exploded at the beginning of last month, the US recruitment of market rescue could not stop the stock market violentness. Many retail investors in Hong Kong still played the role of the Great Wall of flesh and blood. The helper supported the stock price of the stock control.Pay dividends, affected retail investors will inevitably feel the sense of betrayal.Some retired people originally intended to use dividends as their living expenses, and they lost their budgets.

Hui Kong announced the results of 2019 in February this year, and vowed that the dividend remained unchanged. In April, the fourth mid -range of 21 Meixian will be distributed in mid -April. The small shareholders never thought about it.When you get it, the promise can still be sold.Adhering to dividends is an important means of exchange control in recent years. The exchange control no longer pays dividends this year. Although the stock price is pressured, goodwill will inevitably be affected.According to Hui Control explanation, the board of directors received a written notice from the British Bank of Sciences this week. In response to the economic impact of the epidemic, the authorities asked not to pay dividends or repurchase shares before the end of the year. Hui Control was regrettable for affecting Hong Kong and British retail investors. The company will be in the global economy.After the prospects are clear and the epidemic impact is roughly clear, re -review the dividend policy, Yunyun, but according to the financial Times, etc., before the British bank made a request, the high -level executives of the exchange control of the foreign exchange control have discussed the dividend.Essence

The epidemic has fallen to Europe and the United States, and the Western Bank of the West is governing the world and hopes to block the economic crisis.Earlier, the European Central Bank had taken the lead in requesting the euro zone bank to not pay dividends before October 1.After other followers, analysts estimate that the amount involves 15.6 billion pounds throughout the year.Barclays Bank originally promised to pay a pound of pounds of pounds tomorrow, and now it is the same.The British Bank emphasized that during the outbreak of the epidemic, banks should no longer send dividends to small shareholders, should retain more capital, support the impact of the epidemic Economy, help small and medium -sized enterprises and family residents who may bankruptcy, and cope with the possible increase in dazing that may be increased sharply.Bad debt.

British protection for the economy is not the case.

Transnational Enterprise Protection National Interest

Under the epidemic, cash is king. About a hundred large companies in the UK have canceled or suspended dividends. It is hoped that there is enough cash turnover. The United States Daimei and Ford cars also have similar practices. However, looking at the entire Western banking system, funds are still quite abundant.After the financial tsunami, European and American banks have increased capital levels. The central banks of various countries have wide printed banknote water immersion markets.Of course, the development of the epidemic is unpredictable. Taking Italy in the severe disaster area as an example, there are many problems with local banks, and the epidemic cracking on the Italian enterprises and the real economy will accidentally detonate the crisis of debt defaults, evolved into a financial turmoil, and once again in the Western fire.No one can be eliminated, but the current Western banking system liquidity is much more sufficient than before the tsunami. Even British banks have admitted that major British banks have enough capital to cope with global recession and financial shock.Best waiting, just to prevent problems, do not expect to use this money.

The greed of the Western banking industry triggered the financial tsunami in 2008, and as a result, the world had to help the world.Today, more than 10 years later, it is difficult for epidemic disease to rag the European and American economy. As a big trip to sinners, now it has become a savior to help the western economy.Western multinational enterprises' regular -standard lists are based on global. Once a major crisis broke out, the priority of loyalty is still national interests. For economic security and financial stability, Western governments will not continue to talk about respect for freedom economic principles or ensure investors.Huixong's abandonment of dividends may meet the interests of the British national.