China dividend stocks list: Best companies with high yields
Chinese dividend stocks represent a dynamic segment of Asian equity markets, featuring state-owned enterprises and private firms with growing shareholder return initiatives. They are primarily traded on exchanges including the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Hong Kong Stock Exchange (HKEX). Despite regulatory evolutions, the Chinese dividend market, anchored by indices like CSI 300, offers exposure to essential sectors with improving payout disciplines.
China’s exchanges are not limited to domestic investors; they attract global capital through Stock Connect programs. The main advantages include:
- National champions: Dominant players in strategic sectors with government backing and scale advantages.
- Core industries: Banking (ICBC, China Construction Bank), energy (PetroChina), telecommunications (China Mobile), utilities (China Yangtze Power), and consumer staples (Kweichow Moutai).
- Dividend development: Increasing focus on shareholder returns, with SOEs mandated to distribute 30%+ of profits.
The banking giants ICBC and China Construction Bank exemplify this market – ICBC distributed $38B in 2022 dividends (world’s largest bank payout), while CCB maintains 5-6% dividend yields. Their shareholder returns reflect China’s financial system depth and state ownership structures. Investing in Chinese dividend stocks provides access to corporations central to the world’s second-largest economy.
Several Chinese companies demonstrate dividend consistency. PetroChina has paid dividends since its 2000 IPO, while China Mobile delivered 20+ years of uninterrupted payouts. This explains why China contributes 15% of Asia-Pacific dividends. Beyond SOEs, the market includes 3 dividend-growing sectors: renewable energy (China Longyuan Power), liquor (Kweichow Moutai with 1.5% yield), and infrastructure (China Communications Construction).
Regulated brokerThe following table contains a list of leading Chinese dividend-paying companies by market capitalization, primarily traded on SSE/SZSE/HKEX (including H-shares and A-shares with established payout records). The list includes only publicly traded companies, and the presented data (yield, payout ratio) are regularly updated to reflect the current market situation.
| Stock | Price | Change % | Dividend Yield | Dividend Rate |
|---|---|---|---|---|
| HKD1.91 | 1.04% | 8.04% | 0.15 | |
 Weibo WB | $12.54 | 1.13% | 6.65% | 0.82 |
 Shenzhen Bingchuan Network 300533.SZ | CNY38.62 | 0.95% | 12.20% | 3.20 |
 Vanke 2202.HK | HKD5.57 | 1.46% | 0.00% | 0.00 |
 COSCO Shipping 601919.SS | CNY14.34 | 0.63% | 14.35% | 2.06 |
 Shui On Land 0272.HK | HKD0.74 | 0.00% | 5.00% | 0.04 |
NetDragon Websoft 0777.HK | HKD15.48 | 4.39% | 6.82% | 1.00 |
Dongfeng Motor 0489.HK | HKD9.00 | 1.35% | 1.22% | 0.11 |
China Zheshang Bank 2016.HK | HKD2.58 | 1.15% | 6.55% | 0.17 |
Longfor Group 0960.HK | HKD11.88 | 2.41% | 1.65% | 0.19 |
| $5.47 | 2.63% | 5.52% | 0.30 | |
 Momo MOMO | $7.47 | 0.67% | 0.00% | 0.00 |
| HKD6.01 | 1.96% | 10.62% | 0.65 | |
 Anhui Conch Cement AHCHF | $2.91 | 0.00% | 4.55% | 0.13 |
CITIC limited 0267.HK | HKD11.42 | 0.88% | 5.50% | 0.61 |
China Lesso Group 2128.HK | HKD4.88 | 0.61% | 4.17% | 0.20 |
Tianqi Lithium 002466.SZ | CNY47.57 | 2.43% | 4.45% | 1.35 |
FriendTimes 6820.HK | HKD0.6 | 0.00% | 0.00% | 0.00 |
 ICBC 1398.HK | HKD5.74 | 0.17% | 11.78% | 0.67 |
Zhongsheng Group 0881.HK | HKD14.58 | 2.17% | 4.83% | 0.68 |
| HKD1.00 | 0.00% | 8.00% | 0.10 | |
Industrial Bank 601166.SS | CNY19.85 | 1.00% | 5.22% | 1.06 |
China Gas 0384.HK | HKD7.62 | 0.91% | 6.37% | 0.50 |
CNOOC 0883.HK | HKD19.04 | 1.24% | 7.64% | 1.46 |
BAIOO Family Interactive 2100.HK | HKD0.53 | 1.85% | 0.00% | 0.00 |
China Mobile 0941.HK | HKD84.50 | 0.47% | 6.16% | 5.24 |
China Shenhua Energy 601088.SS | CNY38.50 | 0.39% | 5.83% | 2.26 |
Bank of Jiangsu 600919.SS | CNY10.03 | 1.08% | 5.13% | 0.52 |
China Everbright Bank 601818.SS | CNY3.36 | 1.18% | 5.51% | 0.19 |
 Jinko Solar JKS | $25.25 | 5.08% | 5.39% | 1.30 |
Bank of Nanjing 601009.SS | CNY10.93 | 1.53% | 4.85% | 0.55 |
Hua Xia Bank 600015.SS | CNY6.58 | 1.35% | 6.02% | 0.41 |
Zengame Technology 2660.HK | HKD2.32 | 0.43% | 15.15% | 0.35 |
Ping An Insurance 601318.SS | CNY55.11 | 1.61% | 4.65% | 2.57 |
Zoomlion 1157.HK | HKD7.29 | 1.39% | 4.75% | 0.33 |
Bank of Beijing 601169.SS | CNY5.51 | 0.72% | 5.71% | 0.32 |
 iHuman IH | $2.95 | 2.08% | 0.00% | 0.00 |
China Construction Bank 601939.SS | CNY8.61 | 0.12% | 9.27% | 0.80 |
China Minsheng Bank 600016.SS | CNY3.98 | 0.75% | 4.89% | 0.20 |
Bank of Shanghai 601229.SS | CNY8.96 | 0.55% | 10.62% | 0.96 |
China Telecom 0728.HK | HKD5.31 | 0.93% | 5.56% | 0.30 |
Bank of Communications 601328.SS | CNY6.72 | 1.18% | 11.06% | 0.75 |
37 Interactive Entertainment 002555.SZ | CNY21.71 | 0.14% | 3.82% | 0.84 |
Sinopec 600028.SS | CNY5.29 | 0.38% | 3.29% | 0.18 |
Bank of China 601988.SS | CNY5.18 | 0.38% | 9.14% | 0.48 |
 360 DigiTech QFIN | $29.69 | 3.16% | 4.91% | 1.46 |
Postal Savings Bank of China 601658.SS | CNY5.75 | 1.37% | 8.81% | 0.52 |
China Railway Group 0390.HK | HKD3.93 | 3.42% | 5.19% | 0.19 |
Agricultural Bank of China 601288.SS | CNY6.67 | 0.76% | 3.65% | 0.24 |
CM Bank 3968.HK | HKD46.76 | 0.04% | 4.79% | 2.19 |
| CNY13.31 | 0.75% | 5.30% | 0.72 | |
CRRC 1766.HK | HKD6.00 | 2.39% | 6.01% | 0.35 |
CITIC Bank 601998.SS | CNY7.20 | 1.37% | 4.79% | 0.35 |
China State Construction Engineering 601668.SS | CNY5.45 | 0.18% | 5.00% | 0.27 |
| $3.81 | 1.55% | 0.00% | 0.00 | |
| CNY21.05 | 0.57% | 2.09% | 0.44 | |
PetroChina 601857.SS | CNY8.06 | 1.35% | 5.83% | 0.47 |
Sinopharm 1099.HK | HKD18.34 | 0.05% | 4.06% | 0.74 |
Li Ning Company 2331.HK | HKD17.64 | 2.68% | 4.34% | 0.74 |
Shanghai Pudong Development Bank 600000.SS | CNY11.90 | 1.33% | 3.35% | 0.41 |
Autohome ATHM | $28.62 | 0.25% | 5.92% | 1.72 |
YANGHE 002304.SZ | CNY67.94 | 1.28% | 6.84% | 4.65 |
Guotai Junan Securities 601211.SS | CNY18.87 | 1.10% | 2.28% | 0.43 |
ENN Energy 2688.HK | HKD64.35 | 1.74% | 4.72% | 3.00 |
China Tower 0788.HK | HKD11.48 | 0.88% | 4.14% | 0.48 |
Yili Group 600887.SS | CNY27.28 | 0.33% | 4.48% | 1.22 |
China Pacific Insurance 601601.SS | CNY35.12 | 1.29% | 3.07% | 1.08 |
G-bits Network Technology 603444.SS | CNY568.00 | 3.43% | 2.03% | 12.10 |
Wanhua Chemical 600309.SS | CNY66.58 | 0.97% | 1.95% | 1.25 |
Midea 000333.SZ | CNY72.66 | 1.45% | 4.82% | 3.50 |
 Lufax LU | $4.40 | 8.37% | 0.00% | 0.00 |
China Yangtze Power 600900.SS | CNY27.25 | 0.18% | 6.42% | 1.76 |
New China Life Insurance 601336.SS | CNY61.16 | 0.89% | 5.60% | 3.38 |
Huatai Securities 601688.SS | CNY21.77 | 0.00% | 4.36% | 0.95 |
COSCO SHIPPING Development 601866.SS | CNY2.54 | 0.00% | 1.61% | 0.04 |
China Railway Construction 601186.SS | CNY7.85 | 0.38% | 3.85% | 0.30 |
| CNY7.79 | 0.76% | 4.31% | 0.34 | |
 KE Holdings BEKE | $19.30 | 1.58% | 1.89% | 0.36 |
CIMC Enric 3899.HK | HKD8.04 | 0.62% | 3.82% | 0.30 |
 ZTO Express ZTO | $19.14 | 0.31% | 3.39% | 0.65 |
Mindray 300760.SZ | CNY245.69 | 2.80% | 3.77% | 8.99 |
MINISO Group MNSO | $22.54 | 0.18% | 2.77% | 0.62 |
Ganfeng Lithium 002460.SZ | CNY60.88 | 4.07% | 0.28% | 0.15 |
 Vipshop VIPS | $20.68 | 5.30% | 2.60% | 0.48 |
Giant Network Group 002558.SZ | CNY45.18 | 1.22% | 0.65% | 0.29 |
Tingyi (master kang) 0322.HK | HKD10.42 | 0.10% | 3.48% | 0.36 |
GAC (Guangzhou Automobile Group) 601238.SS | CNY7.62 | 0.40% | 0.53% | 0.04 |
Yadea Group 1585.HK | HKD13.87 | 0.22% | 1.65% | 0.22 |
Mengniu Dairy 2319.HK | HKD15.00 | 1.01% | 3.78% | 0.56 |
Ping An Bank 000001.SZ | CNY11.34 | 0.26% | 11.64% | 1.33 |
 NetEase NTES | $150.02 | 1.30% | 1.96% | 2.90 |
WuXi AppTec 2359.HK | HKD118.70 | 8.11% | 0.98% | 1.06 |
Kweichow Moutai 600519.SS | CNY1,443.99 | 1.15% | 3.59% | 51.56 |
CITIC Securities 600030.SS | CNY29.90 | 1.68% | 3.33% | 1.00 |
Sino Biopharmaceutical 1177.HK | HKD8.14 | 0.99% | 1.26% | 0.10 |
Weichai Power 2338.HK | HKD13.95 | 1.06% | 5.69% | 0.79 |
CATL 300750.SZ | CNY402.00 | 1.17% | 1.46% | 5.56 |
Wuliangye Yibin 000858.SZ | CNY121.48 | 0.36% | 4.78% | 5.75 |
China Communications Construction 601800.SS | CNY8.74 | 0.11% | 6.80% | 0.59 |
| $36.17 | 3.40% | 2.90% | 1.00 |
