GO
| HSI1 | 25,884.43 | +25.55 | 328.18B |
| HSCEI1 | 8,612.15 | -32.56 | 103.63B |
| Back Zoom + Zoom - Block Traded | |
|
2026-07-31 14:29:37 Nomura issued a report maintaining the Buy rating on BUD APAC (01876.HK), while lowering its TP from HKD9.2 to HKD8.6. The broker said BUD APAC's 2Q results were broadly in line. Organic revenue fell 2.1% YoY to USD1.68 billion, while EBITDA sank 9.7% YoY to USD463 million. For the China business, 2Q sales volume dropped 9.7% YoY, while ASP added 1.2% YoY. However, management expected the China business to continue facing headwinds in 2H26, with subdued consumer sentiment and weak catering channels, and sees no signs of recovery. The stock could serve as a defensive choice amid market volatility. ~ AASTOCKS Financial News Website: www.aastocks.com | |