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Hong Kong stocks' unusual activity: Tsingtao Brewery Co., Ltd. (00168) fell more than 5% in the afternoon due to sales pressure in the first half of the year. Institutions stated that it is highly likely that sales will improve in the third quarter.
Tsingtao Brew (00168) fell more than 5% in the afternoon. As of press time, it has fallen by 4.7%, to HKD 49.65, with a turnover of HKD 374 million.
Tsingtao Brew will distribute a final dividend of HKD 2.19 per share on August 9th.
Tsingtao brew (00168) announced that the company will distribute a final dividend of HKD 2.19 per share on August 9, 2024.
TSINGTAO BREW: ANNOUNCEMENT POLL RESULTS OF THE 2023 ANNUAL GENERAL MEETING AND CHANGES IN THE COMPOSITION OF BOARD COMMITTEES
[Brokerage Focus] ANXIN International: The common point of consumer trends in China and the United States is that weak recovery is evident this year.
Jinwu Financial News | Anxin International released a research report stating that the common point of consumption in China and the United States is that it has exhibited a weak recovery this year. After reaching the peak of growth in February and March respectively, consumption growth has declined; the growth of selective consumption has been weaker than that of essential consumption, and there are differences in the growth of different sectors. The recovery of consumption in China is weaker than that in the United States, and it is weaker compared to the level before the epidemic. The recovery of offline service consumption such as dining and tourism is not as good as that of the United States. The market performance of Hong Kong's consumer sector is weaker than that of the US stock market, and the current sentiment is relatively low. In terms of valuation, the valuation of Hong Kong stocks is at a historically low level.
Tsingtao Brew (00168): Jiang Shenglu resigns as an independent director.
In June 26, 2024, the board of directors of Tsingtao Brew (00168) announced that it received the resignation letter of its independent director, Jiang Shenglu. Jiang Shenglu served as the independent director of the company since June 28, 2018, and has been in the position for a full six years. According to relevant laws and regulations, an independent director cannot serve for more than six years in the same listed company. Therefore, Jiang applied to resign from the position of independent director of the 10th Board of Directors of the Company, as well as the Chairman of the Nomination and Remuneration Committee and the member of the Audit and Internal Control Committee of the 10th Board of Directors of the Company. After resigning, Jiang Shenglu will no longer serve the Company and its
Express News | Citigroup's Long Position in H Shares of Tsingtao Brewery Rises to 6.27% on June 18 From 5.62% - HKEX
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