Is Budweiser Brewing Company APAC Limited's (HKG:1876) Stock On A Downtrend As A Result Of Its Poor Financials?

Simply Wall StNov 22 19:34 ET

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Business TodayNov 19 04:15 ET

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.

Zhitong FinanceNov 14 02:17 ET

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.

Zhitong FinanceNov 10 21:07 ET

Hong Kong stocks are active | Beer stocks rose in the late trading, with the hope of improving demand supporting the volume and price of beer. The leading beer company continues its steady growth.

Beer stocks rose in the final hour, as of the deadline, bud apac (01876) rose by 5.24%, closing at 8.44 Hong Kong dollars; china res beer (00291) rose by 4.61%, closing at 30.65 Hong Kong dollars; and tsingtao brew (00168) rose by 2.14%, closing at 52.5 Hong Kong dollars.

Zhitong FinanceNov 5 02:15 ET

[Hong Kong Stock Connect] Bud APAC (01876) rose nearly 4%, institutions point out that its brand advantage is still there, waiting for consumer sentiment to recover.

Golden Finance News | Bud APAC (01876) maintained high levels in the afternoon, as of press time, rose by 3.99%, to 8.34 Hong Kong dollars, with a turnover of 94.7321 million Hong Kong dollars. DBS released research reports indicating that affected by weak consumer sentiment, the company's sales volume in the Chinese market dropped by 14% in the third quarter, a trend expected to continue into the fourth quarter, with potential ongoing pressure on sales volume and product prices in the China region in the future. However, the bank expects that with the recovery of consumer sentiment, sales may rebound next year. Due to changes in sales channels, Bud APAC is currently focusing on promoting the premiumization of products in the Chinese household market. Huatai Securities stated that the company's brand advantages are still

Golden Guardian Financial NewsNov 5 00:46 ET