Suppliers can automatically accept offers or control the acceleration of payment on an ad-hoc basis according to their needs.

FORBES: Written by By Drew Hofler

There will be subscription services, plus some advertising, and various ways of paying on pay-per-view or micro payment basis.

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So, we just felt that because the fund strives for capital appreciation, as well as income, we found that there was a little bit of misnomer or misunderstanding regarding a fixed dividend payment on a regular basis.

FORBES: A Fund Manager's Views on Stock Picking

By and large, businesses welcomed this tidying up, even though they will pay more tax during a four-year transition to a new system of payment, under which big firms will pay tax quarterly on a current-year basis, rather than in arrears as now.

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So, while we absolutely maintain a mandate of providing income to our shareholders, we wanted there to be a little less of an emphasis on an idea that there would be a fixed income payment on a quarterly basis.

FORBES: A Fund Manager's Views on Stock Picking

Average property prices in China declined for the second straight month in April, on an annual basis, after Beijing imposed a series of tightening measures, such as limits on home purchases and higher mortgage and down payment rates.

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