CHINA RES BEER (00291.HK) has signed a property management and commercial Operation service agreement with CHINA RES MIXC.

On December 12, Gelonghui reported that CHINA RES BEER (00291.HK) announced that on December 12, 2024, the company signed a framework agreement for property management and commercial operation services with CHINA RES MIXC. According to this agreement, CHINA RES MIXC Group will provide property management services and other commercial operation services to the group from January 1, 2025, to December 31, 2027 (including both start and end dates).

Gelonghui Finance05:40 ET

Hong Kong stocks closed (December 11) | The Hang Seng Index rose by 1.2%, with the Consumer direction fully exploding, and the CSI SWS Food & Beverage index and Dining sectors leading the gains.

After the Hong Kong stock market opened, it maintained a fluctuating trend, with all three major Indexes rising significantly before noon, and the increase narrowed slightly at the end of trading.

Zhitong Finance03:44 ET

[Brokerage Focus] Guoyuan International pointed out that there is a lag in the transmission of policies to boost Consumer confidence, and the sustainability of the Consumer recovery remains to be observed.

Jingwu Financial News | Guoyuan International Research Reports indicate that the consumer market will remain sluggish in 2024, and the fundamentals of the Sector are generally under pressure. After a brief rebound following the government's package policies announced at the end of September, the market fell back. From the beginning of the year to now, the Hang Seng Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Shenwan CSI SWS Food & Beverage index has seen a cumulative decline of 3.79%, ranking 27th out of 31 first-level Shenwan Industries. Looking at the sub-sectors, from the beginning of the year to now, flavoring and fermentation products, baked goods, soft drinks, snacks, and meat products have achieved positive growth, while Other sub-sectors performed poorly. The report also indicates that on December 9, the Central Politburo will meet to analyze and study.

Jinwu Finance News02:09 ET

Mastermind Hong Kong Stock Short Selling Statistics | December 9th

Hong Kong stock short-selling statistics | December 9.

Zhitong FinanceDec 8 19:20 ET

Hong Kong stocks movement | Beer stocks rebounded today as full-year performance expectations are basically in place. Institutions say that the industry's valuation is at a historical low.

Beer stocks have warmed up today. As of the time of writing, Tsingtao brew (00168) is up 3.92%, at 50.35 HK dollars; China res beer (00291) is up 1.95%, at 26.2 HK dollars; Bud apac (01876) is up 1.36%, at 7.45 HK dollars.

Zhitong FinanceDec 6 02:26 ET

China Resources Beer (Holdings)'s (HKG:291) Returns Have Hit A Wall

Simply Wall StDec 3 19:01 ET