Beer stocks are strong, China Resources Beer (00291) rose 3.94%, institutions indicated that national hot weather since July has driven increased demand.

Golden Finance News | Beer stocks strengthen, China Resources Beer (00291) up 3.94%, Tsingtao Brewery (00168) up 1.04%, Bud APAC (01876) follows suit. Dongguan Securities research report pointed out that the performance of the beer industry is divergent in the second quarter. In the short term, since July this year, the national high temperature weather has driven an increase in beer demand, coupled with the hosting of large-scale sports events, sales in the third quarter are expected to improve compared to the previous quarter. In terms of costs, the anti-dumping policy of Australian barley is expected to be lifted, which is expected to alleviate the cost pressure on liquor companies. In the medium to long term, the high-end trend of the beer industry remains unchanged. On the one hand, against the background of improved consumer spending levels

金吾財訊Aug 29 01:13 ET

HK Stock Market | Bud APAC (01876) is currently up over 4%. There is a high possibility of industry improvement in the second half of the year. The company's dividend yield is attractive.

Bud APAC (01876) is now up more than 4%, as of the time of drafting, up 4.17%, at HK$9, with a trading volume of HK$0.31 billion.

Zhitong FinanceAug 27 02:03 ET

CITIC Securities: How to look forward to the future of the csi sws food & beverage index & liquor sector in the mid-term report?

CITIC Securities released a research report stating that the Q2 light meal chain industry continues to show weak demand, with pressure on store efficiency and expansion.

Zhitong FinanceAug 26 20:18 ET

Hong Kong stocks fluctuate | Beer stocks continue to decline, but consumer demand is structurally improving. High-end beer consumption scene still needs to be repaired.

Beer stocks continue to slide. As of press time, China Res Beer (00291) has fallen 2.74% to HKD 23.05; Tsingtao Brew (00168) has fallen 1.73% to HKD 48.4; and Bud APAC (01876) has fallen 1.72% to HKD 9.14.

Zhitong FinanceAug 12 23:01 ET

Hong Kong stocks fluctuate | Bud APAC (01876) fell nearly 3%, Q2 performance under pressure due to weak performance in China market, high-end process hindered in the short term.

Bud APAC (01876) fell by almost 3%. As of press time, it has fallen by 2.74% to HKD 9.24 with a turnover of 42.601 million Hong Kong dollars.

Zhitong FinanceAug 11 23:52 ET

[Brokerage Focus] Swhy maintains a "shareholding" rating for Bud APAC (01876). Short-term demand is under pressure, but the long-term view is that the company has growth potential.

Shenwan Hongyuan released research reports stating that Bud APAC (01876) achieved revenue of 3.399 billion US dollars in H1 2024, a year-on-year decrease of 4.3% (a decrease of 7.3% based on submission benchmark), and net income attributable to equity holders was 0.541 billion US dollars, a year-on-year decrease of 6%; normalized net income attributable to equity holders was 0.552 billion US dollars, a year-on-year decrease of 4.7%. The company's performance is lower than market expectations. Taking into account the pressure on demand in the Chinese beer market and intensified competition in the second-highest price range, the bank lowers profit forecast and predicts the mother's net income of the company from 2024 to 2026 as 9.0/9.7/10.2.

金吾財訊Aug 9 02:48 ET