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HSI1 | 24,072.28 | 0.00 | -- |
HSCEI1 | 8,678.30 | 0.00 | -- |
Back Zoom + Zoom - Block Traded | |
2025-06-30 11:37:48 Consumer demand in Mainland China for BUD APAC (01876.HK) has not yet shown substantial improvement, DBS Research Report suggested. However, due to a lower base, sales trends have gradually improved starting from 1Q25. The broker expected the sales decline in APAC West to narrow to 6% in 2Q25. The ongoing shift from on-premise to home channels, paired with weak performance in high-tier cities, pressured the ASP. The broker anticipated a 2% shrinkage in ASP in APAC West for 2Q25, with full-year sales and ASP expected to drop by 3% and 2%, respectively. The broker maintained a Buy rating on BUD APAC given lower channel inventory and the continued expansion of home channels. The target price was cut from HKD10.2 to HKD9.4. ~ AASTOCKS Financial News Website: www.aastocks.com |