In an altruistic move, Douyu announced a special dividend of US$9.76/share, vs. a last price of US$12.59. An outlier; or should we expect more of the same for other cash-rich US-listed China plays?
What is covered in the Full Insight:
Introduction
Douyu's Special Dividend Announcement
Comparison with Other US-listed Chinese Companies
Detailed Screen of Net Cash Companies
Conclusions and Outlook
SUMMARY
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