BUD APAC (01876.HK) awarded a total of 30.8197 million restricted share units.

Gelonghui, December 11 - BUD APAC (01876.HK) announced that on December 11, 2024, the company will grant a total of 30,819,702 restricted share units to several eligible employees and Directors according to the new restricted share unit plan adopted on November 25, 2020, and revised on May 8, 2023.

Gelonghui FinanceDec 11 05:51 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

[Brokerage Focus] Bocom Intl cuts bud apac (01876) target price by 39.8% due to short-term performance pressure from china business.

Jingwu Financial News | Bocom Intl's research reports indicate that due to pressures from dining and nightlife consumer spending, intensified industry competition, and the high base pressure from the same period, Bud APAC (01876) saw a 14.2% decline in sales volume in the China region in Q3 2024, with an average price decrease of 2.1%. Both volume and price remain under pressure. As a result, revenue from the china business dropped by 16.1% in Q3. Overall, sales volume/average price in the Asia-Pacific West (China, India, Vietnam, etc.) fell by 13.5%/1.9% respectively. Management stated that no demand turning point has been observed in Q4, so the bank expects sales volume and average price in Q4 to continue to follow similar trends as in Q3.

Jinwu Financial NewsNov 28 20:10 ET

Hong Kong stock movement | Beer stocks decline in the afternoon. In October, the beer production of large-scale enterprises has once again turned to decline. Policies are expected to stimulate improvement in end demand.

Beer stocks fell in the afternoon. As of the time of reporting, china res beer (00291) dropped by 4.1%, priced at 25.75 HKD; bud apac (01876) decreased by 2.12%, priced at 7.37 HKD; tsingtao brew (00168) fell by 1.62%, priced at 48.5 HKD.

Zhitong FinanceNov 28 01:52 ET

GTJA: Maintain the "shareholding" rating for Bud APAC (01876), with the overall performance driven by the business in South Korea and India.

gtja lowers Bud APAC's 2024 and 2025 profit forecast EPS to 0.45 and 0.51 yuan.

Zhitong FinanceNov 24 20:37 ET

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