0168.HK - Tsingtao Brewery Company Limited

HKSE - HKSE Delayed Price. Currency in HKD
37.000
+0.150 (+0.41%)
At close: 4:08PM HKT
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Previous Close36.850
Open36.950
Bid0.000 x 0
Ask0.000 x 0
Day's Range36.200 - 37.050
52 Week Range29.650 - 51.750
Volume2,126,000
Avg. Volume1,748,857
Market Cap48.885B
Beta0.98
PE Ratio (TTM)33.01
EPS (TTM)1.121
Earnings DateN/A
Forward Dividend & Yield0.51 (1.23%)
Ex-Dividend Date2018-07-03
1y Target Est47.26
  • Reuters13 days ago

    Heineken toasts $3.1 billion China Resources Beer premium tie-up

    HONG KONG/SHANGHAI (Reuters) - Heineken is taking a $3.1 billion (£2.3 billion) stake in the parent of China Resources Beer, China's top brewer, to tap a growing thirst for premium brands in the world's biggest beer market. The world's No. 2 brewer will take a 40 percent holding in CRH Beer, giving it a strong distribution network in China and greater access to a market it has so far found tough to crack. For CR Beer, the maker of the locally popular Snow beer, the deal is a way to get into the foreign-dominated premium sector at a time when Chinese demand for lower-end brands is waning.

  • Reuters2 months ago

    BRIEF-Tsingtao Brewery Says Co Wang Rui Yong Was Elected As Executive Director

    June 28 (Reuters) - Tsingtao Brewery Co Ltd: * WANG RUI YONG WAS ELECTED AS EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage:

  • Reuters2 months ago

    BRIEF-Tsingtao Brewery Says Board Elects Huang Kexing As Chairman

    June 28 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS BOARD ELECTS HUANG KEXING AS CHAIRMAN Source text in Chinese: https://bit.ly/2lG8JZD Further company coverage: (Reporting by Hong Kong newsroom)

  • Is Tsingtao Brewery Company Limited (HKG:168) Undervalued?
    Simply Wall St.2 months ago

    Is Tsingtao Brewery Company Limited (HKG:168) Undervalued?

    Tsingtao Brewery Company Limited (HKG:168), a beverage company based in China, saw a double-digit share price rise of over 10% in the past couple of months on the SEHK. WithRead More...

  • Reuters2 months ago

    BRIEF-Tsingtao Brewery Signs Strategic Cooperation Framework Agreement With Fosun Int'l

    June 15 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS IT SIGNS STRATEGIC COOPERATION FRAMEWORK AGREEMENT WITH FOSUN INTERNATIONAL Source text in Chinese: https://bit.ly/2ymM51F Further company coverage: ...

  • Investors in Chinese Brewing Stocks May Have Beer Goggles On
    Bloomberg2 months ago

    Investors in Chinese Brewing Stocks May Have Beer Goggles On

    Investors in Chinese brewing stocks may have beer goggles on. While the sector lags behind global brewers in operating margins and earnings growth, the companies trade at a premium that outstrips their peer average by several times -- thanks in part to the U.S.-China trade tension that recently sparked a wave of demand for shares of domestically focused sectors from beverage to health care. To Sanford C. Bernstein analyst Euan McLeish, those investors’ only hope is for a “moonshot” of sorts.

  • Reuters4 months ago

    BRIEF-Tsingtao Brewery's Q1 Net Profit Up 15.16 Percent Y/Y

    April 26 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS Q1 NET PROFIT UP 15.16 PERCENT Y/Y Source text in Chinese: https://bit.ly/2FhFDHe Further company coverage: (Reporting by Hong Kong newsroom)

  • Reuters5 months ago

    China brewer Tsingtao net profit jumps 21 pct, misses forecasts

    China's Tsingtao Brewery Co Ltd, the country's second largest brewer, posted a 21 percent jump in annual profit on Tuesday, short of forecasts but still the firm's fastest profit growth since 2010 as it reined it costs. The brewer said its 2017 net profit jumped to 1.26 billion yuan ($200.80 million). China is the world's largest beer market by sales, but volumes have been slipping and profit margins are razor thin amid fierce competition between local firms and beer giants AB InBev, Heineken NV and Carlsberg.

  • Reuters5 months ago

    BRIEF-Tsingtao Brewery's 2017 Net Profit Up 21.0 Percent Y/Y

    March 27 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS 2017 NET PROFIT UP 21.0 PERCENT Y/Y Source text in Chinese: https://bit.ly/2GgU4MW Further company coverage: (Reporting by Hong Kong newsroom)

  • Reuters5 months ago

    BRIEF-Tsingtao Brewery Co Says Yasutaka Sugiura Resigns As Non-Executive Director

    March 19 (Reuters) - 0168.Hk: * YASUTAKA SUGIURA HAS RESIGNED AS A NON-EXECUTIVE DIRECTOR OF COMPANY Source text for Eikon: Further company coverage:

  • Reuters7 months ago

    BRIEF-Tsingtao Brewery Enters New Yantai Beer Product Sales Agreement

    Jan 24 (Reuters) - Tsingtao Brewery: * ENTERED NEW YANTAI BEER PRODUCT SALES AGREEMENT WITH YANTAI BEER ON 24 JAN 2018, TERM OF WHICH IS FROM 1 JANUARY 2018 TO 31 DEC 2018 Source text for Eikon: Further ...

  • China Stocks So Hot a Cold Beer Can't Douse
    Bloomberg7 months ago

    China Stocks So Hot a Cold Beer Can't Douse

    Investors are betting brewers can raise prices without alienating consumers.

  • Reuters7 months ago

    China Resources Beer raises prices of some products

    China Resources Beer (Holdings) Co Ltd said on Monday it had "moderately" raised prices of some of its products in certain regions, becoming the latest Chinese drinks maker to confirm price increases in response to higher packaging, raw material and labour costs. The owner of China's top beer brand, Snow, said it had adopted various measures, including lean marketing and production as well as product refinement, to absorb the cost pressure. The company's shares hit a record high in Hong Kong on Friday on press reports that brewers, including China Resources and rival Tsingtao Brewery Co Ltd, raised some prices from Jan. 1 citing rising costs of materials, labour, transportation and for environmental protection.

  • Reuters7 months ago

    China's Tsingtao raises prices of some products by up to 5 pct

    HONG KONG, Jan 5 (Reuters) - Tsingtao Brewery Co Ltd , the maker of China's best known Tsingtao beer, said on Friday it has raised product prices by up to 5 percent, in a bid to offset pressure from higher ...

  • Reuters7 months ago

    BRIEF-Tsingtao Brewery To Raise Prices On Some Products Due To Increased Raw Materials Costs

    Jan 5 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS IT PLANS TO RAISE PRICES ON SOME PRODUCTS DUE TO INCREASED RAW MATERIALS COSTS * SAYS PRICES WILL BE INCREASED BY AN AVERAGE OF LESS THAN 5 PERCENT Source ...

  • China Beer Shares Surge on Report Prices Have Been Boosted
    Bloomberg7 months ago

    China Beer Shares Surge on Report Prices Have Been Boosted

    Tsingtao Brewery Co. led a jump in Chinese beer stocks, surging the most in more than a decade, after a report beermakers have increased prices by as much as 20 percent.

  • Club Med’s Owner Lured by Tsingtao Beer Guzzlers in China
    Bloomberg8 months ago

    Club Med’s Owner Lured by Tsingtao Beer Guzzlers in China

    Fosun International Ltd.’s investment in Tsingtao Brewery Co. is the latest step in the conglomerate’s strategy of catering to China’s rising middle-class family while also satisfying the government’s ...

  • Reuters8 months ago

    Tsingtao Brewery's HK shares set to open 6 pct down as Asahi sells stake

    HONG KONG, Dec 21 (Reuters) - The Hong Kong shares of Tsingtao Brewery Co Ltd are set to open down 6 percent on Thursday after a major Japanese shareholder reached deal to sell its entire stake in China's ...

  • Tsingtao Discount Shows Firm Competition in China Beer Scene
    Bloomberg8 months ago

    Tsingtao Discount Shows Firm Competition in China Beer Scene

    Tsingtao Brewery Co.’s shares headed for their biggest decline in almost two years after Asahi Group Holdings Ltd. agreed to sell its stake in the Chinese beermaker at a 32 percent discount.

  • Reuters8 months ago

    China's Fosun takes stake in Tsingtao Brewery as Asahi exits

    TOKYO/HONG KONG (Reuters) - Chinese conglomerate Fosun International is taking a large chunk of Tsingtao Brewery Co after Japan's Asahi Group Holdings said on Wednesday it would sell its entire 19.9 percent stake for a total of 106 billion yen ($937 million). Asahi said in October it was considering selling its stake in Tsingtao, China's second largest brewer which was founded in 1903 by German and British merchants. Asahi is drawing back from China to focus more on Europe and other Asian markets.

  • Reuters8 months ago

    China's Fosun takes stake in Tsingtao Brewery as Asahi exits

    TOKYO/HONG KONG, Dec 20 (Reuters) - Chinese conglomerate Fosun International is taking a large chunk of Tsingtao Brewery Co after Japan's Asahi Group Holdings said on Wednesday it would sell its entire 19.9 percent stake for a total of 106 billion yen ($937 million). Asahi said in October it was considering selling its stake in Tsingtao, China's second largest brewer which was founded in 1903 by German and British merchants.

  • PR Newswire8 months ago

    Fosun to Acquire 17.99% in Tsingtao Brewery for HK$6.6bn

    Tsingtao is a leading brewery in China , the largest brewery market in the world Fosun acquires 243m shares for HKD27.22 per share from Asahi Group Fosun becomes 2 nd largest shareholder Tsingtao will ...

  • Reuters8 months ago

    BRIEF-Fosun International Says Fosun Industrial To Buy Shares Of Tsingtao Brewery For HK$6.62 Bln

    Dec 20 (Reuters) - Fosun International Ltd: * FOSUN INTERNATIONAL -FOSUN INDUSTRIAL, PEAK REINSURANCE, & OTHERS TO BUY 243.1 MILLION SHARES OF TSINGTAO BREWERY CO FOR HK$6.62 BILLION FROM ASAHI GROUP * ...