CRHKY CHINA RES BEER HLD
- 6.550
- -0.130-1.95%
CHINA RES BEER HLD News
Express News | The joint venture company of CHINA RES LAND and Mediterranean has been registered with a registered capital of 19.3 billion.
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)
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.
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.
Express News | Jinsha Distillery has completed the corporate changes, with Fan Shikai taking over as Director.
Express News | CHINA RES BEER's Hou Xiaohai: The beer Industry is not as competitive as XINXINGCHANYE; we are orderly and harmonious.
GTJA: The Beer Industry has entered an era of high dividends, which may present strong and certain investment opportunities.
In the medium to long term, the economic situation is expected to marginally improve, with ongoing structural upgrades and category expansions. Leading Beer companies may expand their categories, and the contribution ratio of Other business lines such as beverages and Spirits will gradually increase.
Quick look at the Hong Kong market | The Hong Kong stock market continues to decline in the afternoon, with all three major indices falling over 2%; The drops in the tech, Autos, and Mainland Real Estate sectors have widened, with SUNAC down over 8%, Xpen
Network Technology stocks fell, MEITUAN-W dropped 3.73%, NTES-S fell 2.90%; most Alcoholic Beverages stocks declined, GRACEWINE dropped 9.36%, TIBET WATER rose 7.69%; most semiconductor stocks declined, SHEEN TAI rose 5.82%, HG SEMI fell 5.00%;
Hong Kong stocks movement | Beer stocks collectively fell as beer consumer demand enters the off-season. Institutions state that companies have low expectations for overall growth next year.
Beer stocks collectively declined. As of the time of publication, BUD APAC (01876) fell by 5.15%, trading at 7.37 HKD; CHINA RES BEER (00291) dropped by 3.95%, trading at 26.7 HKD. Meanwhile, TSINGTAO BREW (00168) briefly turned positive in the afternoon.
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;
Hong Kong stock consumer stocks declined, CHINA RES BEER fell over 5%.
On December 13, Gelonghui reported that BUD APAC and CHINA RES BEER dropped over 5%, NONGFU SPRING and MENGNIU DAIRY fell by 4%, and LI NING and ANTA SPORTS dropped more than 3%.
The CSI Consumer 360 index sector is under pressure as MENGNIU DAIRY (02319) falls by 4.59%. Institutions indicate that there is a lag in policy transmission, and the sustainability of consumer recovery remains to be observed.
Jinwu Financial News | The CSI Consumer 360 index Sector is generally under pressure, as of the time of writing, MENGNIU DAIRY (02319) has fallen by 4.59%, CHINA RES BEER (00291) has dropped by 4.13%, NONGFU SPRING (09633) has decreased by 3.31%, and HAIDILAO (06862) has declined by 3.41%. On the news front, Guoyuan International released a Research Report indicating that the consumption market will be weak in 2024, putting pressure on the Sector's fundamentals. After a brief rebound following the government's comprehensive policy rollout at the end of September, the market has retreated. Year-to-date, the Hang Seng Select Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Stock Shenwan Food & Beverage Index has seen a cumulative decline of 3.7.
Hong Kong stock Concept tracking | Boosting Consumer spending will be a top priority for economic work. Institutions state that the Beer Industry valuation is at a historical low (attached Concept stocks).
Stimulating consumption will be a top priority in economic work.
CHINA RES BEER (00291.HK) has signed a property management and commercial Operation service agreement with CHINA RES MIXC.
On December 12, Gelonghui reported that CHINA RES BEER (00291.HK) announced that on December 12, 2024, the company signed a framework agreement for property management and commercial operation services with CHINA RES MIXC. According to this agreement, CHINA RES MIXC Group will provide property management services and other commercial operation services to the group from January 1, 2025, to December 31, 2027 (including both start and end dates).
Hong Kong stocks closed (December 11) | The Hang Seng Index rose by 1.2%, with the Consumer direction fully exploding, and the CSI SWS Food & Beverage index and Dining sectors leading the gains.
After the Hong Kong stock market opened, it maintained a fluctuating trend, with all three major Indexes rising significantly before noon, and the increase narrowed slightly at the end of trading.
Hong Kong market quick view | All three major Indexes closed higher, with active performance in tech and Brokerage stocks, Xiaomi Group rose nearly 4%, and Guolian increased by more than 9%.
Network Technology stocks increased, XIAOMI-W rose by 3.78%, KUAISHOU-W rose by 2.47%; Dining stocks performed well, HAILUNSI rose by 9.52%, JIUMAOJIU rose by 5.40%; Sporting Goods stocks also performed well, TOPSPORTS rose by 7.78%, XTEP INT'L rose by 3.35%.
[Brokerage Focus] Guoyuan International pointed out that there is a lag in the transmission of policies to boost Consumer confidence, and the sustainability of the Consumer recovery remains to be observed.
Jingwu Financial News | Guoyuan International Research Reports indicate that the consumer market will remain sluggish in 2024, and the fundamentals of the Sector are generally under pressure. After a brief rebound following the government's package policies announced at the end of September, the market fell back. From the beginning of the year to now, the Hang Seng Consumer Sector has fallen by 13.39%, underperforming the Large Cap; the Hong Kong Shenwan CSI SWS Food & Beverage index has seen a cumulative decline of 3.79%, ranking 27th out of 31 first-level Shenwan Industries. Looking at the sub-sectors, from the beginning of the year to now, flavoring and fermentation products, baked goods, soft drinks, snacks, and meat products have achieved positive growth, while Other sub-sectors performed poorly. The report also indicates that on December 9, the Central Politburo will meet to analyze and study.
Market Reaction | Policy expectations boost Hong Kong consumer stocks, Helens stock surged over 16% at one point.
① What measures will the government implement to boost Consumer spending? ② How do Institutions view the future performance of Consumer stocks?
Express News | China Resources Property Company responds to the "Shenzhen Bay悦府 high-rise Residence explosion" incident.
Major bank rating丨Zhuhai International: Next year, emotional value-based consumption will continue to lead the market. Maintain a "Buy" rating on China Resources Beer.
On December 12, Gelonghui reported that Zhongyin International released a report indicating that the consumption trends this year have further emerged under the new cycle. Retail formats are undergoing multiple challenges such as a slowdown in the premium pyramid structure, deep internal adjustments within enterprises, and reduced operational leverage. The report stated that next year, emotional value consumption will continue to lead the market. In the food and beverage Industry, high-quality, well-regarded health products are expected to maintain leadership. As the pace of product upgrades slows down, the Industry will refocus on actual Consumer needs. Regarding beer, companies plan to expand mid-range price products to meet broader popular demand. Lower-priced CHINA RES BEER is leveraging Heineken NV Sponsored ADR for distribution.
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