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Guolian: Under weak recovery, baijiu brands continue to differentiate, while beer cost dividends continue to be realized.
Under weak recovery, differentiation of baijiu brands continues, leading to increased concentration among the top players; volume is slightly under pressure, while beer continues to realize cost benefits.
HK stocks fluctuate | China Res Beer (00291) fell more than 8%, leading the decline in beer stocks. Institutions believe that the market does not have high expectations for the performance of the beer industry leader in the second half of the year.
Beer stocks continue to decline. As of the time of publication, China Resources Beer (00291) fell by 8.43% to HK$30.95; Tsingtao Brewery (00168) dropped by 5% to HK$56.1; Bud APAC (01876) decreased by 2.59% to HK$8.65.
Express News | JPMorgan Chase & Co's Long Position in H-Shares of Tsingtao Brewery Increases to 8.13% on Oct 8 From 7.55% - HKEX
Tsingtao Brewery Schedules Board Meeting for Financial Results
Tsingtao Brew (00168.HK) plans to hold a board of directors meeting on October 29 to approve the third quarter performance.
Gelonghui October 14th, Tsingtao Brew (00168.HK) announced that the company will hold a board of directors meeting on October 29, 2024 (Tuesday) to review and approve the unaudited third-quarter performance of the company and its subsidiaries as of September 30, 2024 prepared in accordance with China Accounting Standards, as well as handle other matters (if any).
TSINGTAO BREW: ANNOUNCEMENT OF DATE OF BOARD MEETING
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