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CITIC SEC: It is expected that the raw material costs for Beer will remain relatively stable in 2025. Bullish on the performance of liquor companies stabilizing and growing.
It is expected that the overall cost of Beer will remain stable in 2025, with a slight increase in the profitability of brewing companies anticipated. Bullish about the continued stimulus from consumer policies and the recovery of Dining scenarios, the performance of brewing companies is expected to stabilize and grow in 2025.
BUD APAC (01876.HK) will hold a meeting on February 25 to review and approve the release of its annual performance.
Gelonghui reported on February 13 that BUD APAC (01876.HK) announced that the company's Board of Directors committee will hold a meeting on February 25, 2025 (Tuesday) to review and approve the audited performance for the year ending December 31, 2024, and consider recommending the distribution of a final dividend (if any). The company expects to release an announcement regarding the annual performance and the recommendation for the distribution of a final dividend (if any) on February 26, 2025 (Wednesday) at 7:00 AM (Hong Kong time) or around that time.
BUD APAC: DATE OF BOARD COMMITTEE MEETING TO APPROVETHE AUDITED RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024AND FINAL DIVIDEND RECOMMENDATION
Hong Kong stocks are moving differently | The liquor sector is collectively warming up with a strong overall consumer atmosphere during the Spring Festival. Baijiu is expected to recover, while Beer sales may improve.
The beverage Sector collectively rebounded; as of the time of writing, CHINA RES BEER (00291) rose by 5.94%, trading at 25.85 HKD; ZJLD (06979) increased by 4.21%, reaching 6.69 CNY; TSINGTAO BREW (00168) went up by 3.8%, priced at 51.9 HKD; BUD APAC (01876) climbed by 2.71%, valued at 7.58 HKD.
Tianfeng's beverage strategy for 2025: Endure until the clouds part and expectations lead the way.
The valuation/emotion of Baijiu(Chinese Liquor) has entered a historical relative bottom Range, Hold Positions of the Fund have hit bottom, it is recommended to focus on two major investment themes.
CITIC SEC: Maintains the "Buy" rating for BUD APAC (01876), with performance in 2024 under pressure.
CITIC SEC and BUD APAC's Q4 2024 revenue declined by high single digits year-on-year, and EBITDA decreased by double digits year-on-year.
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