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Hong Kong stock movement | China Resources Beverage (02460) rises over 6% as the company is included in the Hong Kong Stock Connect, with a promising diversified beverage development outlook.
China Resources Beverage (02460) rose over 6%, as of the time of writing, up 6.4%, priced at 14.84 Hong Kong dollars, with a transaction amount of 0.125 billion Hong Kong dollars.
Domestic demand stocks are rising broadly as the government's work report draws attention to measures to expand domestic demand. China has doubled its support for the replacement of consumer goods.
Jinwu Financial News | Domestic demand stocks generally showed an upward trend today. TINGYI (00322) rose 2.63%, reporting HKD 12.48; NONGFU SPRING (09633) stock price increased by 2.42%, to HKD 36.05; China Resources Beverage (02460) was up 1.31%, reporting HKD 13.9. In the field of domestic consumption stocks, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose 1.64%, to HKD 58.9; LI NING (02331) increased by 1.18%, reporting HKD 17.2; ANTA SPORTS (02020) rose 0.17%, reporting HKD 90.45; XTEP INT'L (01
China Resources Beverage (02460.HK) will hold a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui, February 28: China Resources Beverage (02460.HK) announced that the Board of Directors will hold a meeting on March 21, 2025, to consider and approve the consolidated annual performance of the company and its subsidiaries for the year ended December 31, 2024, and its publication, as well as to consider the recommendation for the distribution of a final dividend, if any.
CR BEVERAGE: DATE OF BOARD MEETING
[Brokerage Focus] Debon Securities initially assigns a "Buy" rating to China Resources Beverage (02460). The beverage Business's second curve is expected to open up growth opportunities.
Jingwu Financial News | Debon Securities research report indicates that China Resources Beverage (02460) has currently become the second largest bottled water company and the largest pure drinking water company in China, with retail market shares of 18.4% and 32.7% respectively in 2023. Additionally, the company strategically positions itself in the beverage category, ranking among the top ten in market share in tea beverages, fruit juices, coffee drinks, and other categories in China in 2023, continuously advancing towards a diverse development pattern of 'one strong player and many strong competitors.' The company's Shareholder structure is clear and stable, with the controlling Shareholder, China Resources Group, being a state-owned diversified holding Conglomerates centered on the real economy, having a deep accumulation of industry experience among the management.
The adjustment of Hang Seng Index weights has triggered capital flows among major players: Alibaba and Tencent are facing short-term selling pressure, how should investors respond?
① How does the adjustment of the weight of leading stocks affect the related Stocks? ② Why is the "time window" for passive funds rebalancing concentrated on the day before it takes effect?
