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HSI1 | 24,072.28 | 0.00 | -- |
HSCEI1 | 8,678.30 | 0.00 | -- |
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2025-06-30 11:05:28 CHINA RES BEER (00291.HK) announced the resignation of Chairman Hou Xiaohai, confirming market speculation, a research report by CLSA wrote. Executive Director and President Zhao Chunwu will temporarily assume the chairman's duties, but uncertainty remains regarding the new successor. Short-term sentiment may experience some pressure, said the broker, while noting that the group's monthly sales YTD have met expectations, with its Heineken brand still achieving double-digit YoY growth. The broker set a target price of HKD30.4 and an Outperform rating on CHINA RES BEER. ~ AASTOCKS Financial News Website: www.aastocks.com |