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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.
[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
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Jefferies Adjusts Budweiser Brewing Company APAC's Price Target to HK$11.80 From HK$13.10, Keeps at Buy
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EqualOcean Hong Kong Stock Early Knowing | Six Departments Accelerate the Construction of Large Wind Power and Photovoltaic Bases. Byd Company (01211) third-quarter net profit attributable to the mother is 11.607 billion yuan.
On October 30, Li Ka-shing and Li Zeju reduced their shareholding in Postal Savings Bank of China (01658) by 20.153 million shares, with a price per share of 4.6294 Hong Kong dollars, totaling approximately 93.2963 million Hong Kong dollars. The latest number of shares held after the shareholding reduction is approximately 1.186 billion shares, with the latest shareholding percentage at 5.97%.
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