0506.HK : Summary for CHINA FOODS - Yahoo Finance

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HKSE - HKSE Delayed Price. Currency in HKD
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3.22-0.09 (-2.72%)
At close: 3:09 AM EST
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Previous Close3.31
Bid3.22 x
Ask3.24 x
Day's Range3.21 - 3.32
52 Week Range2.42 - 3.94
Avg. Volume3,695,536
Market Cap9.01B
PE Ratio (TTM)113.78
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters17 days ago

    Swire Pacific to buy Coca-Cola bottling assets in China for $852 mln

    Hong Kong conglomerate Swire Pacific Ltd said on Friday it will acquire Coca-Cola bottling assets in China for 5.87 billion yuan ($852 million), betting on growing consumption in the mainland of non-alcoholic ready-to-drink beverages. Swire said it will buy China manufacturing and distribution assets of non-alcoholic ready-to-drink beverages from China Foods Ltd, a subsidiary of state-owned food firm COFCO Corp, for 4.65 billion yuan. The conglomerate will also buy the 12.5 percent stake it does not own in non-alcoholic ready-to-drink venture Swire Beverages Ltd from Coca-Cola Co for 1.22 billion yuan, it said in a statement.

  • The Wall Street Journal17 days ago

    [$$] Coca-Cola to Divest Itself of China Bottling for Roughly $1 Billion

    Coca-Cola reached a definitive agreement to divest its bottling stakes in China for roughly $1 billion, part of broader strategy to focus on its more profitable concentrate-making business.

  • Bloomberg18 days ago

    Swire Near Deal for $1 Billion Coke Bottling Operations

    Hong Kong conglomerate Swire Pacific Ltd. is nearing the acquisition of Coca-Cola bottling assets in China from a unit of state-owned food giant Cofco Corp., people with knowledge of the matter said.