Research Reports Gold Mining | GTJA: Maintains "Shareholding" rating on Tsingtao Brewery, raises Target Price to 92.30 yuan.

GTJA Research Reports indicate that in Q4 2024, Tsingtao Brewery (600600.SH) is expected to see sales growth of +3-5%, while an overall decline of -5-6% in sales is forecasted for the entire year of 2024. It is predicted that in 2025, Tsingtao's sales growth rate may exceed the Industry growth rate, with a slight increase in ton price, and a recovery in market conditions is anticipated; regarding major products, the 8 yuan classic is still expected to be the main driver, while products priced above 10 yuan may focus on pure draft. It is expected that barley costs in 2025 may decrease by a large single-digit percentage year-on-year, with stable prices for glass bottles and cartons. Considering structural upgrades, it is predicted that the gross margin in 2025 may further improve. Additionally, it is expected that the company will further enhance its ...

Gelonghui FinanceDec 16 15:25 · Ratings

In the "Great Action," China International Bank's investment rating and target price for Chinese consumer stocks (table).

China Jinling International published a research report, listing the investment ratings and target prices for Chinese Consumer stocks as follows: Stocks | Investment Rating | Target Price (HKD) BUD APAC (01876.HK) | Buy | 9.4 HKD MENGNIU DAIRY (02319.HK) | Buy | 15.8 HKD CHINA RES BEER (00291.HK) | Buy | 30.1 HKD CHINA RES DRINKS (02460.HK) | Buy | 18.22 HKD NONGFU SPRING (09633.HK) | Buy | 33.2 HKD TINGYI (00322.HK)

AASTOCKSDec 16 15:10

In "The Big Action," China International Bank recommends YUM CHINA (09987.HK) and a preferred choice of CSI SWS Food & Beverage index best choice is Kang Shi Fu (00322.HK) and China Resources Beverage (02460.HK).

China International Bank has issued a report indicating a cautiously constructive outlook for the Chinese consumer market in 2025. It believes that the recovery of the consumer market will depend on how effectively the supportive policy schemes introduced by the authorities will be transmitted and the extent of their effectiveness. It predicts that next year, the risk appetite of investors focused on demand will rise, driving a reevaluation of industry value. The bank also noted that market competition is becoming intense, therefore, when selecting stocks, it tends to favor companies with visible earnings growth in their businesses. The preferred choices in the CSI SWS Food & Beverage index are Master Kong (00322.HK) and China Resources Beverage (02460.HK), while in the dining industry, YUM CHINA (09987.HK) is the top choice.

AASTOCKSDec 16 14:10

The Beer Sector, which fell more than 4% today: Weakening fundamentals and valuations in the short term, leading undervalued leaders may welcome opportunities for 'premiumization.'

Beer remains popular in social settings, but it doesn't seem to be the same in the secondary market.

Zhitong FinanceDec 16 13:33

Hong Kong stocks fluctuated | TSINGTAO BREW (00168) rose over 4%. Institutions expect sales growth in the fourth quarter or single-digit increase. Market share in 2025 is expected to recover.

TSINGTAO BREW (00168) has increased by over 4%. As of the time of writing, it is up 3.77%, trading at 56.45 HKD, with a transaction volume of 0.113 billion HKD.

Zhitong FinanceDec 16 09:55

TSINGTAO BREW (00168.HK) received a Shareholding increase of 0.2532 million shares from JPMorgan.

On December 16, GELONGHUI reported that according to the latest equity disclosure information from the Stock Exchange, on December 9, 2024, TSINGTAO BREW (00168.HK) was increased by JPMORGANCHASECO with an additional 0.2532 million shares at an average price of HKD 51.134 per share, involving approximately HKD 12.946 million. After the increase, the latest number of shares held by JPMORGANCHASECO is 32,823,032 shares, with the shareholding percentage rising from 4.97% to 5.01%.

Gelonghui FinanceDec 16 07:32