By Yifan Wang
Brilliance China Automotive shares jumped in Hong Kong on Thursday, after the company said it will consider paying a special dividend.
The luxury car dealer said it plans to hold a shareholders meeting later this month to consider a special dividend from the proceeds of its recent disposal of a 25% stake in a subsidiary.
The company said it expected the special dividend to be no less than HK$0.96 per share and the payout is expected to take place before end-August.
The stock gained as much as 19% and was last up 13% at HK$3.68.
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