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CR BEVERAGE: 2024 Annual Report
[Brokerage Focus] Sinolink gives China Resources Beverage (02460) an initial "Buy" rating, indicating the company's solid position as a purified water leader.
Jingwu Financial News | Sinolink's research report indicates that China Resources Beverage (02460) has listed on the Main Board of the Hong Kong Stock Exchange, raising a total of 5.292 billion yuan in its initial public offering, mainly for capacity construction, channel investment, brand building, and product research and development. According to Euromonitor, the company maintains its position as the second leading player in the packaged water industry and is currently at a critical stage of national expansion and second curve capacity growth. In the future, it is expected to achieve a platform-based layout from water to beverages through brand and channel resource sharing. The bank states that the company holds a solid leading position in purified water: according to the prospectus, the company has a market share of 32.7% in the highly competitive purified water sector, ranking first, with its main brand 'Yibao' holding...
Institutions Own 39% of China Resources Beverage (Holdings) Company Limited (HKG:2460) Shares but Private Companies Control 50% of the Company
Hong Kong stocks fluctuate | China Resources Beverage (02460) is currently up over 4%. Against the backdrop of trade conflicts, domestic demand is gaining renewed attention, and the beverage Business is expected to maintain high growth rates.
China Resources Beverage (02460) is currently up over 4%, as of the time of writing, it has increased by 3.82%, reporting at 14.68 Hong Kong dollars, with a transaction volume of 52.6456 million Hong Kong dollars.
Hong Kong stocks are moving differently | CSI SWS Food & Beverage stocks rose in the afternoon, with U-PRESID CHINA (00220) up over 4%. Institutions stated that the expansion of domestic demand policies is expected to continue to be implemented.
The CSI SWS Food & Beverage stocks rose in the afternoon. As of the time of writing, U-PRESID CHINA (00220) is up 4.01% at 9.08 Hong Kong dollars; ZHOU HEI YA (01458) is up 3.92% at 2.12 Hong Kong dollars; China Resources Beverage (02460) is up 1.87% at 14.18 Hong Kong dollars; NONGFU SPRING (09633) is up 1.52% at 33.3 Hong Kong dollars.
Goldman Sachs: Remains Bullish on the Chinese stock market, overweight on China (Listed in Hong Kong and A-shares), Japan, and Singapore.
In the short term, people may focus again on high dividend/shareholder return assets, domestic demand, and safe-haven Gold assets. Consumer Analysts reaffirm their positive outlook on Kweichow Moutai and BUD APAC.
