BUD MAR7 (BUD2703) News

Budweiser Brewing Co. APAC Stock Slides 1.1% in Hong Kong

Dow JonesAug 5 16:33

Budweiser APAC Earnings Call: Growth Bright Spots, China Strain

TipRanksAug 5 09:00

Jefferies Sticks to Its Buy Rating for Budweiser Brewing Co. APAC Ltd. (1876)

TipRanksAug 4 23:35 · Ratings

Global Equities Roundup: Market Talk

WSJAug 4 16:58

BOCOM International Holdings Company Remains a Buy on Budweiser Brewing Co. APAC Ltd. (1876)

TipRanksAug 4 13:26 · Ratings

Citi Sticks to Their Buy Rating for Budweiser Brewing Co. APAC Ltd. (1876)

TipRanksAug 4 08:26 · Ratings

UOB Kay Hian Sticks to Their Buy Rating for Budweiser Brewing Co. APAC Ltd. (1876)

TipRanksAug 4 08:26 · Ratings

Bud APAC's 2026-2027 Earnings Likely Weighed by Weaker China Demand -- Market Talk

WSJAug 3 16:34

Citi slightly lowered Budweiser APAC (01876.HK)'s target price to HK$10.80 and revised down its earnings forecasts.

Citi published a report stating that it has lowered its core net profit forecasts for Budweiser APAC (01876.HK) for 2026–2028 by 2%, primarily due to a 1% reduction in revenue forecasts, reflecting weaker-than-expected performance in China during the second quarter of 2026. Given that the company may be unable to maintain its absolute dividend per share level in 2027, Citi has rebased its dividend per share forecasts for 2026–2028 assuming a 100% payout ratio. The target price has been revised downward from HK$10.90 to HK$10.80. Citi reaffirmed its ranking for the Chinese beer sector as China Resources Beer (00291.HK) > Budweiser APAC > Tsingtao Brewery (00168.HK).

AASTOCKSAug 3 15:49

Lyon: Lowers Budweiser APAC (01876) target price to HK$8.70; maintains 'outperform' rating

The company continues to prioritize sales in China and is increasing investment, although overall macroeconomic and weather conditions have not been favorable. The share price experienced significant volatility following the earnings release, likely due to profits exceeding expectations, but management adopted a more cautious tone regarding its third-quarter outlook and dividend plans.

Zhitong FinanceAug 3 14:18 · Ratings

Budweiser APAC (1876.HK): Recovery pace in China remains sluggish; earnings forecasts and target price downgraded; maintain Buy rating

Q2 results were broadly in line with expectations, while uncertainty remains for Q3: the company's first-half 2026 revenue declined by 1.4% year-over-year (on an organic basis, unless otherwise stated) to USD 3.17 billion, in line with expectations; normalized EBITDA decreased year-over-year

BOCOM InternationalAug 3 14:12

China Merchants Securities: No signs of recovery in China market for Budweiser APAC (01876.HK); target price lowered to HK$7.1

China operations weighed on performance, while South Korea and India delivered strong results but not enough to drive a revaluation.

Zhitong FinanceAug 3 11:18 · Ratings

Hong Kong Stock Market Concept Tracker | Defensive-style ETFs Show Strong Recent Performance; Institutions Bullish on Liquor Sector Bottoming Out (Including Related Stocks)

CITIC Securities: The liquor sector has reached a bottoming-out and stabilization phase.

Zhitong FinanceAug 3 08:37

CLSA Remains a Buy on Budweiser Brewing Co. APAC Ltd. (1876)

TipRanksAug 1 08:25 · Ratings

Daiwa Remains a Hold on Budweiser Brewing Co. APAC Ltd. (1876)

TipRanksAug 1 08:25 · Ratings

Budweiser Brewing Co. APAC Ltd. (1876) Receives a Buy From CICC

TipRanksJul 31 17:42 · Ratings

CICC: Budweiser APAC (01876.HK) sees no signs of recovery in the Chinese market; target price lowered to HK$7.10

CICC International reported that Budweiser APAC's (01876.HK) second-quarter results reflect a trade-off between market share defense and profitability, with significant regional divergence. Total volume declined 4.1% year-over-year, revenue fell 2.1% year-over-year, and revenue per hectoliter increased by 2.1% year-over-year. Adjusted EBITDA decreased 9.7% year-over-year, and EBITDA margin narrowed by 210 basis points to 27.6%. Performance in China weighed on overall results, while Korea and India delivered strong performances but were insufficient to drive a re-rating. The Chinese market remains the core issue. Second-quarter volume in China declined 9.7% year-over-year, with no signs of recovery in on-premise channels, and July demand

AASTOCKSJul 31 17:05

Budweiser APAC (01876.HK) Interim Report 2026 Commentary: Domestic Market Remains in Adjustment, Overseas Performance Steady

Item: The company released its interim report for fiscal year 2026. In H1 2026, the company reported total revenue of USD 3.171 billion, representing a reported/organic year-over-year change of +1.1%/-1.4%; normalized EBITDA amounted to USD 926 million.

Huachuang SecuritiesJul 31 17:02

Hong Kong Market Close (07.31) | Hang Seng Index Gains 0.1%; AI Supply Chain Stocks Rebound Strongly; Alibaba (09988) Rises Over 4%

Global technology stocks rebounded strongly, with Hong Kong's three major indices posting mixed results today, and the Hang Seng Tech Index performing the best.

Zhitong FinanceJul 31 16:37

Hong Kong Market Close: Hang Seng Index rises 0.1%, memory chip stocks rebound, and CSOP FTSE China A50 Bull 2X ETF soars nearly 68%.

On July 31, the three major Hong Kong stock indices remained stable with limited fluctuations. Boosted by gains in the AI and semiconductor sectors, the Hang Seng Tech Index closed up 0.53%, while the Hang Seng Index rebounded in late trading to close up 0.1%. The Hang Seng China Enterprises Index underperformed, closing down 0.38%. For the month, the Hang Seng Index gained 13.13%, the Hang Seng China Enterprises Index rose 13.94%, and the Hang Seng Tech Index advanced 7.98%. In intraday trading, large-cap tech and internet stocks diverged significantly: Alibaba rose 4.65%, Baidu gained 3.7%, Xiaomi plunged 7.28%, JD.com fell more than 1%, and Meituan ended in negative territory. Supported by strong gains in overseas semiconductor stocks, the memory chip sector led gains throughout the session.

Gelonghui FinanceJul 31 16:35