Changes in Hong Kong stocks | Winner Vogue (03709) rose more than 12% and declared a special dividend of 82 HK cents per share, corresponding dividend rate of about 19.7%

The Zhitong Finance App learned that Winner Fashion (03709) rose by more than 12%. As of press release, it had risen 12.76% to HK$4.685, with a turnover of HK$4.01 million.

According to the news, Winner Fashion announced on the evening of November 3 that it has decided to declare and pay a special dividend of HK82 cents per share from the company's share premium account. Based on the closing price of HK$4.155 on November 3, the dividend rate for this special dividend is approximately 19.7%. The research report of Xiniu Securities in September of this year pointed out that although the company actively cut costs in the first half of the year, it has not yet fully caught up with the contraction rate of revenue, and is still lagging behind compared to peers that have both returned to a growth trajectory in terms of revenue and profit. In a context where the pace of recovery on the revenue side is still unclear, its revenue and profit forecasts were lowered, but current valuation discounts and dividend rate levels provided defensive support for the stock price.