CRHKY CHINA RES BEER HLD
- 9.650
- -0.040-0.41%
CHINA RES BEER HLD News
Express News | China Rare Earth Group signs strategic cooperation agreements with China Electronics, China Resources Group, CGN, BYD, and Huawei
Guoxin Securities: High-end beer is rising, leading players are misplaced to compete to share dividends
The Zhitong Finance App learned that Guoxin Securities published an in-depth research report on the beer industry. The team believes that seizing the dividends of high-end development in the industry and attaches importance to the value of beer faucet allocation. The future direction of high-end development of the beer industry is clear, and beer leaders will continue to improve their profitability, which in turn will drive rapid profit growth and further increase ROE. Steady profit growth and abundant cash have created conditions for beer companies to implement high dividend policies. It is expected that the dividend ratio of some beer brewers will steadily increase in the future, which will further enhance the allocation value of beer faucets. The current valuation of the beer sector has fallen back to a historical low, and the sector has ushered in a good layout opportunity. With
Express News | China Galaxy Securities: Optimistic about declining costs and year-on-year improvement in sales in the beer sector
Express News | ST Dima: Signed a business cooperation framework agreement with China Resources Yukang
Express News | Huajin Securities: Beer companies' performance is expected to continue to boost
Express News | The ranking of 57 trust assets! 4 “trillion-level” companies
A quick look at the Hong Kong market | The three major indices rose sharply, and the Tech Index rose nearly 2%; TechNet stocks and Apple concept stocks improved, Meituan rose nearly 4%, and BYD Electronics rose more than 9%
Domestic housing stocks were popular. Shimao Group rose more than 33%, and Sunac China rose 10%; beer stocks rose by many stocks, China Resources Beer rose nearly 5%, and Budweiser Asia Pacific rose 4%.
Changes in Hong Kong stocks | China Resources Brewery (00291) rose more than 5%, leading the rise in beer stocks and restaurants driving demand growth for beer and other products, and there is a clear trend of improvement in the industry
Beer stocks picked up in early trading. As of press release, China Resources Brewery (00291) rose 5.03% to HK$38.65; Budweiser Asia Pacific (01876) rose 3.45% to HK$11.38; and Tsingtao Brewery shares (00168) rose 3.02% to HK$61.4.
Hong Kong Stock Concept Tracking | May Day “Tastebuds Tour” became a new consumer trend, and the beer sector received attention (with concept stocks)
The May Day dining scene has led to an increase in demand for products such as beer, condiments, and prepared dishes.
Dongwu Securities: There is a clear trend of monthly improvement in the beer sector with a low and high operating pace in '24
According to a research report released by Dongwu Securities, the 2024Q1 beer sector's performance exceeding expectations is a positive sign. Judging from the pace of business, the beer sales base was high and low in 2023, corresponding to the low and high levels of the 2024 business pace. The trend of improvement is clear month by month.
Citibank: Maintaining Tsingtao Brewery's (00168.HK) “Buy” Rating Target Price Reduced to HK$84.5
Citi released a research report stating that it maintains the “buy” rating of Tsingtao Brewery Co., Ltd. (00168.HK). In the Chinese beer industry, the bank continues to prefer China Resources (00291.HK), which is the industry's first choice. The target price was lowered from HK$89.9 to HK$84.5.
Express News | Dongguan Securities: Catering drives demand for beer and other products
Hong Kong A change丨Chongqing Brewery and Tsingtao Brewery led the beer sector, and Q1 net profit increased 16.78% and 10.06% year over year, respectively
Gelonghui April 30 | Beer stocks in Hong Kong and A rose collectively. Among them, Chongqing Beer (600132.SH) and Tsingtao Brewery AH shares both rose more than 4%, China Resources Brewery (0291.HK) rose 3%, and Yanjing Brewery (000729.SZ) rose nearly 3%. According to the financial report released last night, Chongqing Beer achieved revenue of 4.293 billion yuan in the first quarter of 2024, up 7.16% year on year; net profit to mother was 452 million yuan, up 16.78% year on year. Tsingtao Brewery's revenue for the first quarter of 2024 was 10.15 billion yuan, down 5.19% year on year; net profit to mother1
年報2023
Hong Kong Stock Afternoon Review | The three major indices strengthened, and the Tech Index rose nearly 3%; TechNet stocks had the highest gains, with Kuaishou up more than 7% and Meituan up more than 6%
Auto stocks had mixed ups and downs. NIO rose more than 5%, Ideal Auto fell more than 3%; many copper stocks fell, and China's nonferrous mining and mining resources fell nearly 3%.
Express News | China Resources Drinks (Holdings) Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange. The co-sponsors are Bank of America Securities, Bank of China International, CITIC Securities, and UBS Group.
A quick look at the Hong Kong market | The three major indices have risen one after another. Technet stocks have generally risen, Tencent and Meituan have risen by more than 5%; Ideal has fallen by more than 8%
Many coal stocks fell sharply; Mongolian coking coal and China Coal Energy fell more than 6%; petroleum stocks fell, CNOOC Services fell more than 3%, and CNPC fell nearly 3%.
Hong Kong Stock Concept Tracking | Valuation has reached the bottom of history, and institutions are optimistic about the beer industry improving (with concept stocks)
Benefiting from post-pandemic demand recovery, China's beer industry produced 35.555 million kiloliters (yoy +0.3%) in 2023, but there is still a gap compared to 2019. Judging from the price point of view, the upgrading trend in China's beer industry is slowing down or not downgrading, and the gross sales gap of enterprises continues to rise. In 2023, the number of domestic catering companies cancelled nearly 1.3 million, more than double that of 2022. The ready-to-drink scene is recovering slowly as the main position for upgrading the beer structure, compounding the pressure on overall consumption power. The high-end trend has slowed down, but the mid-tier products of wine companies have maintained good growth. The tonnage prices of major domestic wine companies all achieved low to medium single-digit growth in 2023
Intraday Overview | The three major indices all rose more than 2%! Tencent and Meituan increased by about 5%
TechNet stocks strengthened, with Kuaishou, JD, and NetEase up about 4%, and Bilibili and Alibaba about 3%.
Changes in Hong Kong stocks | China Resources Breweries (00291) rose nearly 7%, leading the beer stock industry is about to break out of a high sales base, institutions say the peak season is worth looking forward to
Beer stocks picked up in early trading. As of press release, China Resources Brewery (00291) rose 6.81% to HK$34.5; Tsingtao Brewery shares (00168) rose 5.73% to HK$54.4; and Budweiser Asia Pacific (01876) rose 2.99% to HK$10.34.
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