00168 TSINGTAO BREW
- 46.500
- +0.250+0.54%
TSINGTAO BREW News
Hong Kong Stocks are fluctuating. Beer stocks continue to decline, and the weak consumption is affecting the market. Beer production has declined continuously for four months.
Beer stocks continued their downward trend. As of press time, Tsingtao Brew (00168) fell 3.77%, to HKD 45.9; China Res Beer (00291) fell 3.75%, to HKD 24.35.
Huaxi Securities: Beer peak sales have gradually started, short-term and medium-term profit margins can still be expected.
The current peak beer sales season has gradually opened. According to historical data, there is an expectation of an increase in valuation for the beer sector during the peak season of beer consumption.
Tsingtao at the REVIVING CRAFT Exhibition: Fusion of Beer and Chinese Cuisine
Tsingtao Brew: 4.236 million restricted A shares will be listed and circulated on July 24th.
Tsingtao Brew (00168) announced that the lock-up period for restricted stocks incentive plan will expire on July 24, 2024. The number of restricted stocks to be unlocked and listed for trading is 4.236 million.
Express News | Tsingtao Brewery Lock-up Period for 4.2 Mln Shares to End, Shares to Start Trading on July 24
Beer stocks are gaining against the market trend. Bud APAC (01876) rose 2.61%. Institutions are bullish on beer's performance during the peak season.
Jingu Financial News: Beer stocks are doing well against the trend, with Bud APAC (01876) up 2.61%, Tsingtao Brew (00168) up 1.95%, China Res Beer (00291) up 1.59%, and San Miguel HK (00236) up 0.96%. Galaxy Securities is bullish on beer sales in the peak season. In May 2024, China's beer production was 3.535 million kiloliters, a year-on-year increase of 4.5%. The cumulative production in the first five months of 2024 was 15.045 million kiloliters, a year-on-year increase of +0.7%. The high base effect will still exist in 2023. The sales peak season in July is coming, along with a high base effect from the previous year.
Goldman Sachs: Weak consumer demand affects beer market, lowering target prices for multiple beer stocks.
Goldman Sachs believes that the domestic beer market is currently facing headwinds in the short term, and has lowered its profit forecast for beer stocks from 2024 to 2026 by 1% to 11% respectively to reflect the weak consumer trend.
HK stocks surge | China Res Beer (00291) rises more than 3%, leading the beer stocks. The product structure continues to upgrade, and the sales performance in the peak season is worth looking forward to.
Beer stocks are rising. As of press time, China Resources Beer (00291) is up 3.08%, trading at HK$28.45; Bud APAC (01876) is up 2.57%, trading at HK$9.96, and Tsingtao Brewery (00168) is up 2.17%, trading at HK$51.7.
Brokerage focused on bullish beer's sales performance during the peak season.
Galaxy Securities is bullish on the performance of beer sales during peak season. In May 2024, China's beer production was 3.535 million kiloliters, a year-on-year increase of 4.5%. From January to May 2024, cumulative production was 15.045 million kiloliters, a year-on-year increase of 0.7%. The high base effect of 2023 still exists. With the approach of the sales peak season in July and the gradual weakening of the high base effect of the previous year, as well as the active sales and brand promotion strategies of various listed companies, the bank expects that sales during the peak season will perform well.
Tsingtao Brew has announced that 4.2359 million restricted stocks can now be released.
Tsingtao Brew (00168) announced that on July 16, 2024, the company's board of directors and supervisory board respectively approved the "Proposal on the Achievement of the Third Restricted Stock Unblocking Condition and the First Granting of Restricted Stocks under the A-share Restricted Stock Incentive Plan". A total of 595 incentive targets met the unblocking conditions. The number of restricted stocks that can be unlocked is 4,235,900 shares (based on the actual registered quantity of China Securities Depository and Clearing Corporation Shanghai Branch), accounting for 0.31% of the company's total share capital.
Tsingtao Brewery Approaches Key Stock Unlocking Date
Tsingtao Brew (00168): 4.2359 million restricted stocks can be released from restriction.
Tsingtao Brew (00168) announced that on July 16, 2024, the company's board of directors and supervisory board held separate meetings...
Tsingtao Brewery Company Limited (HKG:168) Surges 3.4%; Private Companies Who Own 35% Shares Profited Along With Institutions
Alcoholic beverage concepts are rising, China Resources Beer (00291) is up 4.17%, and Zhongtai Securities predicts that beer sales may reverse.
Alcoholic beverages concept rises across the board. As of the drafting time, China Res Beer (00291) rose 4.17%, Dynasty Wines (00828) rose 3.77%, Tsingtao Brew (00168) rose 3.53%, San Miguel HK (00236) rose 3.19%. On the news front, Zhongtai Securities believes that the short-term consumption scene for beer will increase with the hosting of the European Cup in late June. Beer consumption continues to heat up, and the volume of customers in fan gathering places such as bars and taverns has greatly increased. The demand for late-night snacks by ‘stay-at-home’ fans has also driven a significant increase in beer orders in instant retail channels. With the weather
Hong Kong stock market abnormality | Beer stocks rebounded in the morning, and the sector entered a low base from Q3, with multiple scenarios catalyzing on the demand side.
According to the Wisdom Finance APP, beer stocks rebounded in early trading. As of press time, China Resources Beer (00291) rose 3.61% to HKD 27.3; Tsingtao Brew (00168) rose 3.33% to HKD 49.7; and Bud APAC (01876) rose 0.73% to HKD 9.71. Founder Securities pointed out that due to the high base, weaker performance in dining, and the impact of rainy weather, we expect that beer industry Q2 sales volume will come under pressure, the trend of structural upgrading will continue, cost improvement has certainty, and overall profitability is stable. Looking forward to the whole year, we believe that starting from Q3, the entire sector will enter a low base, continuing the trend of structural upgrading.
Tsingtao Brew (00168.HK) faced a shareholding reduction of 1.8869 million shares by JPMorgan.
According to the latest equity disclosure information from the Hong Kong Stock Exchange, on July 4, 2024, Tsingtao Brewery (00168.HK) was reduced in shareholding by JPMorgan Chase & Co. at an average price of HKD 49.0295 per share, with a total of 1.8869 million shares and an involved amount of approximately HKD 92.5121 million. After the reduction, the latest holding position of JPMorgan Chase & Co. is 45.6471 million shares, and the shareholding ratio is decreased from 7.25% to 6.96%.
Soochow Securities: How to view the baijiu consumption tax reform path and its impact?
Moving the collection of consumption tax to a later stage presents challenges in practical implementation. It is expected that tax reform will be gradual rather than immediate while maintaining a stable foundation, and the probability of a significant increase in tax rates is low. If the tax collection stage is moved, it is expected to further accelerate industry consolidation, and small and medium-sized liquor companies may struggle to cope with the potential profit impact caused by the moving of the tax collection stage.
Guotou Securities: Individual stock dividend yields highlight value, and the food and beverage sector enters the allocation range.
Zhìtōng Cáijīng APP learned that Guótóu Securities has released a research report stating that Maotai's batch pricing is gradually stabilizing, leading companies are expressing their stance, and individual stock dividend yields highlight value, the sector has entered the range of allocation.
Tsingtao Brew (00168) will distribute a cash dividend of RMB 2.00 per share for A-shares on July 16.
Tsingtao Brew (00168) announced that the company will distribute cash per share of A shares on July 16, 2024...
Huafu Securities: Pursuing cost-effective upgrades in the face of the current consumption environment with a realistic attitude.
Zhītōng Finance APP learned that Huafu Securities released research reports stating that overall consumption is in a slow recovery trend, but there are still structural opportunities. Currently, it is still in the third stage of the consumption clock, seeking value in upgrades. In the short term, consumers can get a more cost-effective consumption experience by reducing their pursuit of brands and returning to the product itself; in the long run, as market competition becomes more intense and brand value is reshuffled and repositioned by the market, brand premium as a reasonable component of product prices, the mismatch between price and product will not be realized. Taking Japan as an example, the underlying logic of consumption in our country is different, and the space for internal and external demand to drive upward is large.
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