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Guosen Securities lowers FY'17 dividend YOY

Guosen Securities Co. Ltd. declared a dividend of 15 Chinese fen a share for the 2017 full year, following its annual general meeting of shareholders.

This is down from 20 fen a share for the prior year.

The dividend will be distributed June 15, the company said June 9.

As of June 8, US$1 was equivalent to 6.41 Chinese yuan.