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China Resources Beer Updates Board Leadership
China Resources Beer Appoints New Non-Executive Director
China Resources Beer: Wang Chengwei Appointed as Nonexecutive Director
2.1% Earnings Growth Over 3 Years Has Not Materialized Into Gains for China Resources Beer (Holdings) (HKG:291) Shareholders Over That Period
CICC: Maintains a "outperform" rating on China Res Beer (00291) with the target price lowered to 35.9 Hong Kong dollars.
Jianyin International has lowered its beer sales volume and average product price forecast for the second half of Lukang Beer from a decline of 2.2% and growth of 2.4% to a decline of 2.9% and growth of 2.1%.
HK stock anomaly | China Res Beer (00291) fell nearly 5%, institutions expect weaker sales in the second half of the year than expected, lowering profit forecasts and target price.
China Res Beer (00291) fell nearly 5%, as of the time of publication, it dropped by 4.94%, closing at 29.85 Hong Kong dollars, with a turnover of 0.323 billion Hong Kong dollars.
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