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China Resources Beer Holdings Co Ltd (0291.HK)

0291.HK on Hong Kong Stock

29.85HKD
20 Feb 2018
Change (% chg)

HK$0.15 (+0.51%)
Prev Close
HK$29.70
Open
HK$29.75
Day's High
HK$30.10
Day's Low
HK$29.05
Volume
4,618,427
Avg. Vol
6,834,817
52-wk High
HK$35.05
52-wk Low
HK$17.16

Latest Key Developments (Source: Significant Developments)

China Resources Beer Responds To Press Reports On Increase In Product Prices
Monday, 8 Jan 2018 

Jan 8 (Reuters) - China Resources Beer Holdings Co Ltd <0291.HK>::DUE TO AN INCREASE IN COSTS OF RAW MATERIALS, CO HAS ADOPTED DIFFERENT MEASURES TO ABSORB COST PRESSURE.CO IS MODERATELY ADJUSTING PRICES OF SOME OF ITS PRODUCTS IN CERTAIN REGIONS TO MITIGATE HEIGHTENED COSTS PRESSURE​.DIFFERENT MEASURES INCLUDE LEAN MARKETING, LEAN PRODUCTION, PRODUCT REFINEMENT AND PREMIUMIZATION.‍NOTES PRESS REPORTS STATING MANY BREWERY ENTERPRISES WILL INCREASE PRICES SUBSTANTIALLY FOR PRODUCTS FROM JAN 1, 2018 ONWARDS​.  Full Article

China Resources Beer completes acquisition of share capital of China Resources Snow Breweries
Tuesday, 11 Oct 2016 

China Resources Beer Holdings Co Ltd <0291.HK>: announces completion of acquisition of 49% of total issued share capital of china resources snow breweries ."immediately after completion, china resources snow breweries became a wholly-owned subsidiary of company".  Full Article

China Resources Beer aims to close the acquisition deal of the remaining Snow JV's stake in Oct
Friday, 19 Aug 2016 

China Resources Beer Holdings Co Ltd <0291.HK> : Says it aims to close the acquisition deal of the remaining Snow JV's stake from SABMiller in October - CFO Further company coverage: [0291.HK] (Reporting by Hong Kong newsroom) ((twinnie.siu@thomsonreuters.com; 852-2841 5763; Reuters Messaging: twinnie.siu.thomsonreuters.com@reuters.net)).  Full Article

China Resources Beer HY net profit from continuing operations RMB605 mln, up 45.1 pct<0291.HK>
Friday, 19 Aug 2016 

China Resources Beer Holdings Co Ltd <0291.HK>: Says board has resolved not to declare an interim dividend . HY unaudited turnover of RMB15.21 billion representing a decrease of 1.8% . HY unaudited attributable profit of the group's continuing operations RMB605 million an increase of 45.1% . "We expect a slower growth in sales volume " . "Given the potential opportunity for further industry consolidation, we are confident in our future development" .  Full Article

AB InBev comments on China clearance of SABMiller deal
Friday, 29 Jul 2016 

Anheuser Busch Inbev Sa : It remains our objective to close transaction in 2016. . Anheuser-Busch InBev welcomes clearance in China . All pre-conditions to proposed combination have now been satisfied .Divestment, which was previously announced between AB InBev and China Resources Beer, is conditional on successful closing of deal with SABMiller.  Full Article

China Resources Beer Holdings says Qtrly turnover for beer business rmb8.36 bln vs rmb8.77 bln<0291.HK>
Thursday, 21 Jul 2016 

China Resources Beer Holdings Co Ltd <0291.HK>: Sales volume of beer business for three months ended 30 june 2016 was 3.5 mln kiloliters vs 3.6 mln kiloliters . Qtrly turnover for beer business rmb8.36 bln vs rmb8.77 bln . Qtrly ebitda rmb1.48 bln vs rmb1.38 bln .  Full Article

China Resources Beer Holdings appoints Lai Po Sing, Tomakin as CFO<0291.HK>
Tuesday, 31 May 2016 

China Resources Beer Holdings Co Ltd <0291.HK>: Lai Ni Hium, Frank re-designated from an executive director to a non- executive director, resigned as chief financial officer . Lai Po Sing, Tomakin has been appointed as an executive director, chief financial officer and the company secretary of the company .  Full Article

China Resources Enterprise Ltd appoints Hou Xiaohai as CEO
Friday, 15 Apr 2016 

China Resources Enterprise Ltd:Hong Jie has tendered his resignation as executive director and chief executive officer of the company.Says Hou Xiaohai has been appointed as executive director and chief executive officer.  Full Article