516 HK-Listed Firms Declare Interim Dividends Totaling HK$919.83 Billion
As of September 2026, 516 Hong Kong-listed companies have announced interim dividend plans for fiscal 2026, with total proposed payouts reaching HK$919.83 billion. Financials led with HK$440.71 billion, followed by energy at HK$146.93 billion. ICBC topped individual payouts at HK$62.92 billion, while China Mobile and China Construction Bank each proposed over HK$61 billion. Newly listed firms, including Zijin Gold International and Mixue Group, joined the interim dividend wave for the first time.
As of September 2026, interim dividend distributions among Hong Kong-listed companies have expanded significantly. The financial, energy, and telecommunications services sectors remained the primary contributors, with financials leading at HK$440.71 billion, followed by energy at HK$146.93 billion. Telecommunications services, industrials, and consumer discretionary sectors each recorded dividend amounts exceeding HK$50 billion.
At the individual company level, 18 listed firms proposed dividends exceeding HK$10 billion each. Five companies—ICBC, China Mobile, China Construction Bank, PetroChina, and Agricultural Bank of China—declared interim dividends of more than HK$50 billion each. Bank of China and CNOOC Limited each proposed interim dividends exceeding HK$40 billion, while China Merchants Bank, China Shenhua, and Ping An Insurance each exceeded HK$20 billion. HSBC Holdings, Sinopec, and Zijin Mining each proposed dividends above HK$10 billion. Converted at the latest exchange rates, ICBC's interim dividend amounted to approximately HK$62.92 billion, ranking first among Hong Kong-listed companies, followed by China Mobile's proposed HK$62.89 billion and China Construction Bank's cash dividend of about HK$61.44 billion.
A number of companies that listed in Hong Kong in recent years—spanning gold resources, new-style tea beverages, and consumer goods—joined the interim dividend ranks for the first time. Zijin Gold International reported interim results showing group revenue of US$3.99 billion, up 99.67% year-on-year, and net profit attributable to parent shareholders of US$1.45 billion, up 178.83%. The company simultaneously launched an interim dividend plan of HK$1.50 per share, totaling HK$4.02 billion. Mixue Group announced an interim special dividend proposal on the day of its interim results release, with total planned distribution of approximately HK$1.18 billion. Additionally, several other companies, including Jiaxin International Resources and Bama Tea, also implemented interim dividends.
Overall cash reserves among Hong Kong-listed companies remained ample. According to relevant white paper data, the aggregate cash reserves of Hong Kong-listed companies in 2025 reached HK$40.8 trillion. Excluding financial stocks, companies with higher cash reserves were mainly concentrated among large state-owned enterprises and leading private firms in the energy, industrials, information technology, and consumer discretionary sectors, including CATL, CNOOC, PetroChina, China Railway Group, China Railway Construction, COSCO Shipping Holdings, China Communications Construction, Tencent Holdings, Alibaba, and BYD.