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Tsingtao Brewery Shifts Hong Kong Share Registrar
Hong Kong stocks are moving | Leading companies are facing growth challenges, china res beer (00291) has fallen over 4%, leading the decline among beer stocks.
Beer stocks continue to fall, as of the deadline, China Res Beer (00291) fell by 4.06%, to HK$27.2; Bud APAC (01876) fell by 3.52%, to HK$7.68; Tsingtao Brew (00168) fell by 3.05%, to HK$49.35.
Tsingtao brew (00168.HK) received a shareholding of 0.6175 million shares from jpmorgan.
According to the latest equity disclosure data from the Hong Kong Stock Exchange on November 14th, 2024, Tsingtao Brewery (00168.HK) received JPMorgan Chase & Co. to increase its shareholding by an average price of HK$54.0715 per share, acquiring 617,500 shares, with an investment of approximately HK$33.3904 million. After the increase, JPMorgan Chase & Co.'s latest holding of shares is 39,324,420 shares, and the shareholding ratio has increased from 5.90% to 6.00%.
HK stock abnormal movement | Liquor stocks decline in early trading, baijiu continues to be under pressure, beer sales decline, institutions say policy impact on consumer spending still needs to be observed
Alcohol stocks fell in the morning session, as of the deadline, China Res Beer (00291) fell by 6.37%, to 29.4 Hong Kong dollars; Tsingtao Brew (00168) fell by 5.14%, to 51.7 Hong Kong dollars; Bud APAC (01876) fell by 3.58%, to 8.35 Hong Kong dollars; ZJLD (06979) fell by 3.87%, to 7.45 Hong Kong dollars.
guolian: The fundamentals of the liquor sector in 2024Q3 have bottomed out, and the report is slowing down.
Overall, the revenue growth rate of key baijiu industry companies in 2024Q3 calculated by the method of law is 2.41%, with high-end liquor/second-tier liquor/regional liquor revenue growth rates of +9.59%/-0.38%/-15.64% respectively, each decreasing by 4.65/8.87/23.32 percentage points compared to the previous period.
Tsingtao Brewery's (HKG:168) Earnings Quality Is Low
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