Quote | Super Quote
57435 CT#HSI RP2502W (R BEAR)
RT Nominal down0.113 -0.009 (-7.377%)

21/08/2024 14:30

{I-bank focus}UBS lowers China Res Beer (00291) to HKD29.43

[ET Net News Agency, 21 August 2024] UBS lowered the target price for China Res Beer
(00291) to HKD29.43 from HKD43.70 and maintained the "buy" rating.
The research house said it cuts earnings forecasts for 2024-26E by 11-18%, as it trims
beer ASP and volume assumptions, mainly due to the deceleration in premium segment sales
growth with consumers reducing on-premise beer consumption. (rc)

Back to Related News

Remark: Real time quote last updated: 22/08/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.