Jianyin International: Maintain the Target Price for Tsingtao Brewery at 55.6 HKD, acquisition of Jimo Huangjiu(Chinese Liquor) for synergy limited.

Jianyin International released a Research Report stating that the Target Price for Tsingtao Brewery (00168) Listed in Hong Kong remains at 55.6 Hong Kong dollars, maintaining a "Neutral" rating. The firm indicated that Tsingtao Brewery plans to acquire 100% of the equity in Jimo Huangjiu for 0.665 billion yuan. Tsingtao Brewery believes that this acquisition will enrich its product portfolio; however, the firm believes that the company's synergy effects are limited and expects a minor contribution in the short term. Jianyin International believes that the market reaction will be relatively neutral or slightly negative, mainly for the following reasons: 1) Since beer and Huangjiu target different Consumer groups, product positioning and sales channels differ, resulting in a lack of synergy; 2) If after the acquisition the parties' ...

Sina Hong Kong Stock.16:52

Express News | Nearly 20 A-share listed companies disclosed the latest announcements on mergers and acquisitions this week. Winner Technology's control is expected to change and will resume trading tomorrow.

BreakingsMay 11 19:04

Express News | Tsingtao Brewery established a biotechnology company with a registered capital of 0.421 billion yuan.

BreakingsMay 8 09:59

Express News | Tsingtao Brewery: plans to acquire 100% equity of Jimo Huangjiu for 0.665 billion yuan.

BreakingsMay 7 18:15

Express News | Huaxi Securities maintains a "Buy" rating for Tsingtao Brewery, paying attention to the performance elasticity brought about by inventory replenishment.

BreakingsMay 7 16:03

TSINGTAO BREWERY CO SPNS ADR EACH CONVERTIBLE INTO 5 ORD SERIES 'H' CNY 1 (TSGTY.US) will release its Earnings Reports after the market closes on April 27.

$TSINGTAO BREWERY CO SPNS ADR EACH CONVERTIBLE INTO 5 ORDINARY SHARES 'H' CNY1 (TSGTY.US) will release its Earnings Reports after the market closes on April 27, and investors should pay attention. How was the previous performance? $TSINGTAO BREWERY CO SPNS ADR EACH CONVERTIBLE INTO 5 ORDINARY SHARES 'H' CNY1 (TSGTY.US) 2024 Q4 revenue is 3.179 billion yuan, and Net income is -0.638 billion yuan.

Futu NewsApr 30 17:45