0168.HK - Tsingtao Brewery Company Limited

HKSE - HKSE Delayed Price. Currency in HKD
42.850
-0.250 (-0.580%)
At close: 4:08PM HKT
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Previous Close43.100
Open43.050
Bid42.850 x 0
Ask43.000 x 0
Day's Range41.950 - 43.300
52 Week Range29.650 - 51.700
Volume716,519
Avg. Volume2,397,489
Market Cap54.659B
BetaN/A
PE Ratio (TTM)28.73
EPS (TTM)1.491
Earnings DateN/A
Forward Dividend & Yield0.57 (5.66%)
Ex-Dividend Date2016-06-21
1y Target Est38.73
  • China consumers, now richer, don't want Tsingtao beer: an...
    CNBC Videos4 months ago

    China consumers, now richer, don't want Tsingtao beer: an...

    Tsingtao Brewery, which focuses on the lower end of the market, is underperforming as Chinese consumers now prefer premium beer, says Hao Hong of BOCOM International.

  • Reuterslast month

    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
    Bloomberglast month

    China Stocks So Hot a Cold Beer Can't Douse

    Investors are betting brewers can raise prices without alienating consumers.

  • Reuters2 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.

  • Reuters2 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 ...

  • Reuters2 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
    Bloomberg2 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
    Bloomberg2 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 ...

  • Reuters2 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
    Bloomberg2 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.

  • Reuters2 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.

  • Reuters2 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 Newswire2 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 ...

  • Reuters2 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 * ...

  • 11 Largest Beer Companies in The World in 2017
    Insider Monkey3 months ago

    11 Largest Beer Companies in The World in 2017

    The 11 largest beer companies in the world in 2017, pretty much control the world’s beer production, as they are collectively responsible for over 63% of the global production of beer and own the 10 Best Selling Beer Brands Heading Into 2017. Even more than that, because the industry has gone through a wave of mergers and acquisitions […]

  • Quit the Merrymaking, Tsingtao
    Bloomberg4 months ago

    Quit the Merrymaking, Tsingtao

    Tastes are changing in China, plus a 20 percent stake doesn't give anyone much clout.

  • Tsingtao Brewery Jumps as Asahi Puts China Stake Up for Sale
    Bloomberg4 months ago

    Tsingtao Brewery Jumps as Asahi Puts China Stake Up for Sale

    Shares in Tsingtao Brewery Co. climbed the most since May after Asahi Group Holdings Ltd. went public with its plans to put a minority stake worth $1.2 billion in the Chinese brewer on the selling block ...

  • Reuters4 months ago

    Asahi considering selling stake in Tsingtao Brewery

    Japan's Asahi Group Holdings said on Thursday it is considering selling all or part of its 19.99 percent stake in Tsingtao Brewery Co Ltd , its latest divestment from China's beer industry as it seeks growth in Europe and other Asian markets. Asahi's decision to sell the stake, which it acquired in 2009 for around $666.50 million, follows its announcement in June to sell its 20 percent stake in Chinese brewer Tingyi-Asahi Beverages Holding Co Ltd for $612 million. Tsingtao said Asahi holds 270.1 million of its Hong Kong listed H-shares.

  • These Unloved Shares Are The Hottest Thing in Hong Kong This Year
    Bloomberg11 months ago

    These Unloved Shares Are The Hottest Thing in Hong Kong This Year

    When it comes to this year’s surge in Hong Kong stocks, it paid to root for the underdog.