Previous Close | 30.450 |
Open | 30.400 |
Bid | 31.050 x 0 |
Ask | 31.200 x 0 |
Day's Range | 30.300 - 31.300 |
52 Week Range | 24.100 - 39.900 |
Volume | 5,315,542 |
Avg. Volume | 6,608,520 |
Market Cap | 101.213B |
Beta (3Y Monthly) | 0.62 |
PE Ratio (TTM) | 72.29 |
EPS (TTM) | 0.432 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.19 (0.61%) |
Ex-Dividend Date | 2018-09-26 |
1y Target Est | 35.10 |
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The goal of this article is toRead More...
Emerging market stocks are on a tear, despite worries about global growth. Some fund managers are starting to position themselves more cautiously.
China Resources Beer (Holdings) Company Limited (HKG:291), a large-cap worth HK$89b, comes to mind for investors seeking a strong and reliable stock investment. Most investors favour these big stocks due Read More...
BRUSSELS/HONG KONG (Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, is considering raising billions of dollars in a partial flotation of its Asian operations, two Asian banking sources said, in a deal that would help to ease its debt burden. The Belgium-based maker of Budweiser, Corona and Stella Artois has been discussing a possible multibillion-dollar listing in Hong Kong, one banker said on Friday. AB InBev declined to comment on the matter.
Two important questions to ask before you buy China Resources Beer (Holdings) Company Limited (HKG:291) is, how it makes money and how it spends its cash. This difference directly flows Read More...
Xiaohai Hou has been the CEO of China Resources Beer (Holdings) Company Limited (HKG:291) since 2016. First, this article will compare CEO compensation with compensation at other large companies. After Read More...
Nov 21 (Reuters) - China Resources Beer Holdings Co Ltd : * BOARD HAS APPROVED AND ADOPTED A DIVIDEND POLICY ON NOV 21 * ANNUAL DIVIDEND TO BE DISTRIBUTED TO SHAREHOLDERS SHALL BE NOT LESS THAN 20% OF ...
Every investor in China Resources Beer (Holdings) Company Limited (HKG:291) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it’s not Read More...
Investing.com - Asian markets were mostly lower in afternoon trade on Monday as U.S.-China trade tension returned to focus.
Investing.com - Alcoholic beverage retailer China Resources Beer Holdings Co Ltd (HK:0291). acquired seven of Heineken’s China and Hong Kong businesses via its wholly-owned subsidiary China Resources Snow Breweries in a deal worth more than HK$2.35 billion (US$300 million), according to the company’s statement on Monday.
Nov 5 (Reuters) - China Resources Beer Holdings Co Ltd : * GROUP ENTERED INTO A MASTER SHARE PURCHASE AGREEMENT WITH HEINEKEN GROUP * CO VIA UNIT TO ACQUIRE HEINEKEN CHINA TARGET COMPANIES Source text ...
Nov 4 (Reuters) - Heineken Nv: * HEINEKEN AND CHINA RESOURCES SIGN DEFINITIVE AGREEMENTS TO JOIN FORCES IN CHINA * SIGNED DEFINITIVE AGREEMENTS WITH CHINA RESOURCES ENTERPRISE AND CHINA RESOURCES BEER ...
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on China Resources Beer (Holdings) Company Limited (HKG:291) due to its excellent Read More...
Let’s talk about the popular China Resources Beer (Holdings) Company Limited (HKG:291). The company’s shares saw significant share price volatility over the past couple of months on the SEHK, risingRead More...
HONG KONG, Aug 28 (Reuters) - China's second largest beer maker Tsingtao Brewery Co Ltd said on Tuesday first-half profit rose 13.4 percent helped by its efforts to control costs, prevent excess production ...
When China Resources Beer (Holdings) Company Limited (HKG:291) released its most recent earnings update (30 June 2018), I compared it against two factor: its historical earnings track record, and theRead More...
China's top brewer China Resources Beer (Holdings) Co Ltd posted a 29 percent rise in first-half net profit on Friday thanks to higher prices and improved sales of premium beers, a trend it said would continue. The owner of the Snow beer brand - which out-sells all others but is almost unknown outside China - said profit rose to 1.51 billion yuan ($219.4 million) for the six months ended June, up from 1.17 billion yuan a year earlier. Heineken, the world's No. 2 brewer, is taking a $3.1 billion stake in the parent of China Resources Beer to tap a growing thirst for premium brands in the world's biggest beer market.
Aug 17 (Reuters) - China Resources Beer Holdings Co Ltd : * HY PROFIT ATTRIBUTABLE RMB 1,508 MILLION VERSUS RMB 1,170 MILLION * HY TURNOVER RMB17,565 MILLION VERSUS RMB15,774 MILLION * DECLARES INTERIM ...
is making a big play for China, where it holds a tiny share of the market, as global beer makers are increasingly searching for fast-growth markets and new segments to ward off declining sales in mature economies. On Friday, Heineken announced a $3.1 billion stake in the parent of China Resources Beer, as the company is looking to expand its distribution network in China and target the nation's premium segment. "We believe we can win together in this new era of the Chinese beer market, in which the premium segment will become increasingly important," said Chen Lang, chairman of China Resources Enterprise.
** Heineken is taking a $3.1 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. ** Aimia said it rebuffed an offer by Air Canada and partners to buy its Aeroplan loyalty program and urged the carrier to make a higher offer for the business. ** Pan-European exchange Euronext said its second-quarter core earnings rose 11.9 percent, helped by its acquisition of the Irish Stock Exchange, higher listings and a rise in trading volumes.
deal with China Resources Beer is an interesting move. Despite working hard to build its own distribution and brewing capacity in China, the Dutch brewer has struggled to grow organically. The partnership with China's biggest brewer means they'll gain an insightful ally that knows the market.
Earnings, particularly in the banking sector, lifted European shares on Friday at the end of a volatile week, as investors drew encouragement from Apple becoming the world's first trillion-dollar company. The pan-European STOXX 600 index closed up 0.7 percent but ended the week on a 0.5 percent loss. France's Credit Agricole posted the best performance of Paris's CAC 40 index with a 2.3 percent rise with second-quarter profits ahead of estimates.
The ongoing global trade war spat with China and challenges faced by competitors in the local market are not stopping Heineken from getting serious about China's beer market. announced a $3.1 billion deal with China Resources Enterprise and China Resources Beer, acquiring a 40% stake in the parent company of China Resources Beer, the country's largest brewer.
HONG KONG/SHANGHAI (Reuters) - Heineken is taking a $3.1 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.
Heineken has struck a $3.1 billion partnership with a company that controls China's largest brewer, China Resources Beer, as the two firms seek to tap a growing thirst for premium brands in the world's biggest beer market. David Pollard reports.