600600 Tsingtao Brewery

Guotai Junan: Consumption recovered strongly during the Spring Festival, and liquor sales accelerated markedly

The Zhitong Finance App learned that Guotai Junan released a research report saying that the recovery in consumption during the Spring Festival was strong, consumption power was released and consumption scenarios recovered after the infection, and Spring Festival consumption was in full swing. Liquor has struggled through the three-year adjustment period. With the gradual recovery of the economy and the recovery of consumption scenarios, it is expected that the volume and price of liquor will rise sharply. From the perspective of wine companies, the industry maintained a rational attitude and passed through the adjustment period to set the tone for healthy development and high-quality growth in '23, laying the foundation for a recovery; from the perspective of active sales, sales accelerated markedly during the Spring Festival. High-end and real estate liquors performed excellently, and a future sub-high-end recovery can be expected. Guotai Junan's main views are as follows: Consumption is strong during the S

01-30 11:42

Guotai Junan: The focus of the current phase is on the real estate chain, finance and consumption related to economic recovery

01-30 07:33

Tsingtao Brewery to Provide Multiple Services to Controlling Shareholder and Its Units

05:54 AM EST, 01/23/2023 (MT Newswires) -- Tsingtao Brewery (HKG:0168, SHA:600600) entered into multiple agreements with a controlling shareholder and its subsidiaries for one year. Under the agreeme

01-23 18:56

Goldman Sachs: Raise target prices for Budweiser Asia Pacific, Tsingtao Breweries, and China Resources Breweries, and maintain ratings to buy

Goldman Sachs published a report raising the target price of China Resources Beer (0291.HK) from HK$73 to HK$80, maintaining the “buy” rating, and placing the stock on the “convinced buy list”. The bank also maintained its “buy” ratings for Budweiser Asia Pacific (1876.HK) and Tsingtao Brewery (0168.HK). The target prices were raised to HK$29 and HK$107 respectively. Previously, they were HK$26 and HK$94. The bank continues to expect beer stocks to benefit from China's economic restart, and channel recovery will also unleash strong growth in high-end product sales, drive up gross margin, and at the same time experience cost relief. Even if the bank takes into account recent mainland new ones

01-19 12:35

Goldman Sachs: The latest beer stock ratings and target prices (table) China Resources Beer (00291) is included in the “Buy with Confidence” list

The Zhitong Finance App learned that Goldman Sachs released a research report stating that China Resources Beer (00291) was included in the “buy with confidence” list. The bank expects the focus to remain on the beer business, with strong high-end execution this year and beyond, with a focus on profitability. The liquor business will focus on business transformation in the short term, and the long-term strategy is channel penetration. It also predicts that Runbier will accelerate the high-end of its products this year, that the average price of products will rise, and that there will be strong gross margin expansion. The bank expects beer stocks to benefit from China's economic recovery, and channel recovery will also unleash strong growth in high-end product sales, push gross margin upward, and at the same time experience cost relief. Even if that

01-19 12:12

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Sees Large Growth in Short Interest

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Rating) saw a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 42,000 share

01-19 06:51

Tsingtao Brewery Raised to Hold From Underperform by Daiwa Capital >600600.SH

Tsingtao Brewery Raised to Hold From Underperform by Daiwa Capital >600600.SH

01-13 12:07

Changes in the beverage manufacturing sector boosted Quanyangquan's rise by more than 7%

01-13 09:38

China Merchants Securities: Demand in the food sector has bottomed out and is returning to focus on Spring Festival sales

01-10 08:41

Zhongyuan Securities: The food and beverage sector is expected to rapidly move closer to the value center in the first quarter and complete the return of value

01-10 08:19