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Kweichow Moutai Co offered a dividend to its shareholders for 23 yuan ($3.42) plus 1 share for every 10 shares. Kweichow Moutai, China's largest liquor manufacturer in terms of market value, made the offer in its annual report released Monday, Shanghai Securities News reported.
Chinese shares closed mixed Monday with the benchmark Shanghai Composite Index up 2.25 points, or 0.08 percent, to 2,909.14.
Stocks on the Chinese mainland rose on Friday, as the Group of Seven nations intervened in the foreign exchange market to support Japan, and as reconstruction spending prospects lifted the profit outlook of metals companies.
The required reserve ratios for banks were raised by 50 basis points on Friday - the ninth hike since the beginning of 2010. The measure will be effective from March 25, after which the reserve requirement ratio for large commercial banks will be 20 percent.
Chinese shares closed slightly higher Friday with the benchmark Shanghai Composite Index up 9.59 points, or 0.33 percent, to 2,906.89.
Zijin Mining Group Co Ltd said on Thursday that its tax rate will rise 10 percent this year after the government canceled its status as a high-tech company, following a severe pollution incident last year.
Stocks on the Chinese mainland fell on Thursday, dragging down the benchmark index for the second time in three days, on concern Japan's nuclear crisis will cripple the world's third-largest economy.
Russia's Gazprombank will gradually launch the payment business of China UnionPay cards in its ATMs and relevant merchants by the end of 2011, Gazprombank announced on Thursday.
The People's Bank of China (PBOC), or the central bank, auctioned 50 billion yuan ($7.61 billion) of three-month bills at a yield of 2.7944 percent on Thursday, temporarily easing speculation of an approaching interest rate hike.
The Chinese securities regulator said on Thursday that it had approved lead futures contracts designed by the Shanghai Futures Exchange.
Chinese shares closed lower Thursday with the benchmark Shanghai Composite Index down 33.51 points, or 1.14 percent, to 2,897.30.
Investor concerns about Japan's radiation leak has prompted a rally in stocks of companies with a connection to anti-radiation products on China's A-share market.
