0291.HK - China Resources Beer (Holdings) Company Limited
| Previous Close | 28.550 |
| Open | 28.500 |
| Bid | 0.000 x 0 |
| Ask | 0.000 x 0 |
| Day's Range | 27.700 - 28.900 |
| 52 Week Range | 20.900 - 39.900 |
| Volume | 6,926,742 |
| Avg. Volume | 7,635,506 |
| Market Cap | 90.832B |
| Beta (3Y Monthly) | 0.90 |
| PE Ratio (TTM) | 64.87 |
| EPS (TTM) | 0.432 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.19 (0.67%) |
| Ex-Dividend Date | 2018-09-26 |
| 1y Target Est | 37.26 |
Reuters Videos•2 months agoHeineken, CR Beer seal $3.1 bln tie-up in premium brands push
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.
- Simply Wall St.•10 days ago
Why Fundamental Investors Might Love China Resources Beer (Holdings) Company Limited (HKG:291)
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...
- Simply Wall St.•last month
Is There Now An Opportunity In China Resources Beer (Holdings) Company Limited (HKG:291)?
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...
- Reuters•2 months ago
China brewer Tsingtao says H1 profit rises 13.4 pct on tighter cost control
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 ...
- Simply Wall St.•2 months ago
Has China Resources Beer (Holdings) Company Limited’s (HKG:291) Earnings Momentum Changed Recently?
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...
- Reuters•2 months ago
China Resources Beer H1 profit rises 29 pct on higher prices
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.
- Reuters•2 months ago
China Resources Beer H1 profit up 29 pct on higer average selling price
HONG KONG, Aug 17 (Reuters) - China Resources Beer (Holdings) Co Ltd on Friday posted a 29 percent rise in first-half net profit thanks to an increase in average selling prices and improved sales of higher-margin ...
- Reuters•2 months ago
BRIEF-China Resources Beer Holdings Posts HY Profit Attributable Of RMB1,508 Mln
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 ...
- TheStreet.com•2 months ago
From Cannabis to China: Beer Companies Chase New Growth Opportunities
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.
- Reuters•2 months ago
Deals of the day-Mergers and acquisitions
** 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.
- TheStreet.com•2 months ago
Heineken's China Deal: An Interesting Move, but What's Next?
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.
Reuters•2 months agoEarnings lift European shares, banks shine
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.
- TheStreet.com•2 months ago
China Calling: Heineken Looks for Foothold In World's Biggest Beer Market
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.
- Reuters•2 months ago
Heineken toasts $3.1 billion China Resources Beer premium tie-up
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.
Reuters•2 months agoHeineken toasts $3.1 billion China Resources Beer premium tie-up
HONG KONG/SHANGHAI (Reuters) - Heineken (HEIN.AS) 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.
- Reuters•2 months ago
BRIEF-China Resources Beer says aims to become premium market leader in 5-10 years with Heineken deal
Aug 3 (Reuters) - China Resources Beer Holdings Co Ltd : * China Resources Beer CEO says hopes firm can take a leading position in China's premium market in 5-10 years through Heineken deal * China Resources ...
- The Wall Street Journal•2 months ago
[$$] Heineken Selling Chinese Operations to CR Beer
NV (HEINY) Friday said it is selling its Chinese operations to a local brewer to focus on selling premium beer in world’s largest beer market by volume. It also gives Heineken a significant foothold in what is forecast to be the biggest contributor to premium volume growth in the next five years. Heineken said it would sell its Chinese operations to Hong Kong-listed China Resources Beer (Holdings) Co. Ltd., or CR Beer, for HK$2.4 billion (US$305.76 million) while picking up a minority stake in its holding company for HK$24.3 billion.
- Reuters•2 months ago
BRIEF-China Resources Beer Says China Resources Enterprise And Heineken Group Agree To Partnership
Aug 3 (Reuters) - China Resources Beer Holdings Co Ltd : * CHINA RESOURCES ENTERPRISE AND HEINEKEN GROUP HAVE AGREED ON FORMATION OF A LONG TERM STRATEGIC PARTNERSHIP Source text for Eikon: Further company ...
- Reuters•2 months ago
BRIEF-Heineken And China Resources Sign Non-Binding Agreements To Join Forces In China
Aug 2 (Reuters) - Heineken Nv: * HEINEKEN AND CHINA RESOURCES SIGN NON-BINDING AGREEMENTS TO JOIN FORCES IN CHINA * UNDER STRATEGIC PARTNERSHIP AGREEMENT, HEINEKEN WILL BE CRE'S EXCLUSIVE PARTNER FOR INTERNATIONAL ...
- Reuters•3 months ago
BRIEF-China Resources Beer Appoints Jian Yi As Executive Director
July 5 (Reuters) - China Resources Beer Holdings Co Ltd : * JIAN YI APPOINTED EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage:
- Simply Wall St.•4 months ago
Is China Resources Beer (Holdings) Company Limited (HKG:291) A Sell At Its Current PE Ratio?
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between China Resources Beer (Holdings) Company LimitedRead More...
- Simply Wall St.•5 months ago
What Do China Resources Beer (Holdings) Company Limited (HKG:291) Insiders Know That You Don’t?
China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, sells, and distributes beer products under the Snow brand. China Resources Beer (Holdings) is one of Hong Kong’s large-capRead More...
- Simply Wall St.•6 months ago
What Does China Resources Beer (Holdings) Company Limited’s (HKG:291) Share Price Indicate?
Let’s talk about the popular China Resources Beer (Holdings) Company Limited (SEHK:291). The company’s shares saw a decent share price growth in the teens level on the SEHK over theRead More...
