Morgan Stanley shares list of likely beneficiaries of the potential waiver of Southbound Stock Connect dividend withholding tax

iblogger
Brokers' ratings and target prices

Recently there have been reports that the mainland China authorities are considering plans to waive the 20% withholding tax currently imposed on dividends paid to mainland individual investors from Hong Kong stocks in the Southbound Stock Connect program.

Morgan Stanley recently shared their list of stocks that are likely beneficiaries of the said potential waiver.

The following table is a summary list of the companies and their stock tickers:

CompanyTicker
Power Assets00006.HK
Sinopharm01099.HK
CKI Holdings01038.HK
ZTE00763.HK
CLP Holdings00002.HK
Kunlun Energy00135.HK
CM Bank03968.HK
China Construction Bank00939.HK
China Hongqiao01378.HK
China Resources Gas01193.HK
CRRC01766.HK
Petrochina00857.HK
Agricultural Bank of China01288.HK
China Shenhua01088.HK
Jiangxi Copper00358.HK
GW Motor02333.HK
Hengan International01044.HK
CMS00867.HK
ICBC01398.HK
Bank of China03988.HK
Guangdong Investment00270.HK
China Resources Land01109.HK
ENN Energy02688.HK
China Railway00390.HK
PSBC01658.HK
CITIC Bank00998.HK
BOC Hong Kong02388.HK
China Overseas00688.HK
Xinyi Solar00968.HK

Source: AAstocks