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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?
China Resources Beverage (02460) has been included in the Hang Seng Composite Index and is expected to become a symbol for Stock Connect.
According to Research Reports from CITIC SEC, China Resources Beverage may be included in the Hong Kong Stock Connect as it meets a series of criteria including Market Cap, liquidity, and listing time.
Chinese Lunar New Year Retail Data Not Enough to Support Positive Outlook -- Market Talk
