Foxconn Industrial Internet (601138) jumps 4% on dividend day as China tightens margin rules
Foxconn Industrial Internet shares jumped 4.2% to 63.00 yuan Friday in Shanghai, with turnover at 16.42 billion yuan and net inflows of 13.18 billion yuan from large orders. The stock went ex-dividend, reflecting a 0.33 yuan per share payout. New margin-financing rules take effect Jan. 19. The Shanghai Composite slipped 0.26% to 4,101.91.