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Bank of Chongqing lowers FY'17 dividend

Bank of Chongqing Co. Ltd.'s board proposed a final dividend of 11.8 Chinese fen per share for 2017, down from the prior year's final dividend of 29.1 fen per share.

The dividend, which is subject to shareholder approval, will be paid on July 20 to shareholders on record as of June 30.

As of March 15, US$1 was equivalent to 6.32 Chinese yuan.