Tsingtao Brewery Company Limited

168 CNE1000004K1

Brewers

Market Closed - Hong Kong S.E. Other stock markets 01:38:05 18/07/2024 pm IST			5-day change	1st Jan Change
51.85 ^HKD	+0.88%		+2.57%	-1.05%

28/06	Tsingtao Brewery Company Limited Approves Final Dividend for the Year Ended December 31, 2023, Payable on August 9, 2024	CI
28/06	Tsingtao Brewery Company Limited Appoints Mr. Sheng Lei Ming as Chairman of the Nomination & Remuneration Committee	CI

Tsingtao Brewery Company Limited acquired all the assets related to Sales Division of Xuanhua Xinzhonglou Brewery Co., Ltd for CNY 20 million.

January 02, 2014 at 09:30 am IST

Tsingtao Brewery Company Limited (SEHK:168) agreed for the proposal to acquire all the assets related to Sales Division of Xuanhua Xinzhonglou Brewery Co., Ltd for CNY 20 million on December 27, 2013. The Board of Tsingtao Brewery Company approved the deal on December 27, 2013. Tsingtao Brewery Company Limited (SEHK:168) entered into a framework agreement to acquire all the assets related to Sales Division of Xuanhua Xinzhonglou Brewery Co., Ltd for CNY 20 million on December 29, 2013. Tsingtao Brewery will reengineer the branding and distribution network of Xuanhua Xinzhonglou Brewery.

Tsingtao Brewery Company Limited (SEHK:168) completed the acquisition of all the assets related to Sales Division of Xuanhua Xinzhonglou Brewery Co., Ltd on January 2, 2014.

Latest news about Tsingtao Brewery Company Limited

Tsingtao Brewery Company Limited Approves Final Dividend for the Year Ended December 31, 2023, Payable on August 9, 2024	28/06	CI
Tsingtao Brewery Company Limited Appoints Mr. Sheng Lei Ming as Chairman of the Nomination & Remuneration Committee	28/06	CI
Tsingtao Brewery Company Limited Announces Resignation of Jiang Xing Lu as Independent Non-Executive Director	26/06	CI
Tsingtao Brewery Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	29/04	CI
South Korea's Beer Imports Plunge 20% Following Tsingtao Urination Incident	18/04	MT
Tsingtao Brewery Reports Increase in 2023 Profit as Revenue Climbs	27/03	MT
Tsingtao Brewery's Net Profit Rose Despite Slow Chinese Economy	27/03	DJ
Tsingtao Brewery Company Limited Proposes Final Dividend for the Financial Year End 31 December 2023, Payable on 09 August 2024	27/03	CI
Tsingtao Brewery Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	26/03	CI
Jefferies Adjusts Tsingtao Brewery's Price Target to HK$82 From HK$100, Keeps at Buy	05/02	MT
Tsingtao Brewery Signs Multiple Contracts with Controlling Shareholder	23/01	MT
Tsingtao Brewery to Buy Back, Cancel 36,002 Restricted Shares	19/12	MT
South Korea's Imports of Chinese Beer Plunge by 43% After Worker Urination Video at Tsingtao Brewery	17/11	MT
Q3 Beer Sales in China Report Slowdown in Growth	06/11	MT
Tsingtao Brewery Takes Measures After Arrest of Outsourced Worker For Allegedly Urinating in Malt Container	02/11	MT
Chinese police detain brewery worker who urinated in malt container	01/11	RE
CHINA'S TSINGTAO BREWERY: COMPANY WILL ALSO STRENGTHEN THE MANAG…	01/11	RE
CHINA'S TSINGTAO BREWERY: ALL RAW MATERIAL TRANSPORTATION VEHICL…	01/11	RE
CHINA'S TSINGTAO BREWERY: WORKER INVOLVED IN URINATING INCIDENT…	01/11	RE
Jefferies Adjusts Tsingntao Brewery’s Price Target to HK$100 From HK$103, Keeps at Buy	30/23/30	MT
Tsingtao Brewery Company Limited Reports Earnings Results for the Nine Months Ended September 30, 2023	27/23/27	CI
Tsingtao Brewery Addresses Viral Video Seem Showing Worker Urinating in Malt Container; Shanghai Shares Fall Nearly 3%	24/23/24	MT
Chinese brewer alerts police after worker filmed urinating in tank	23/23/23	RE
Noble Helium Secures Marriott’s Drillmec HH102 #16 Rig at Tanzania's Dar es Salaam; Shares Climb 5%	08/23/08	MT
Jefferies Adjusts Tsingtao Brewery's Price Target to HK$103 From HK$105, Keeps at Buy	29/23/29	MT

Chart Tsingtao Brewery Company Limited

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Company Profile

Tsingtao Brewery Company Limited is a beer producer and distributor in China. The Company's segments include Shandong segment, which is engaged in the production and distribution of beer in Shandong and surrounding regions; Huanan segment, which is engaged in the production and distribution of beer in South China; Huabei segment, which is engaged in the production and distribution of beer in North China; Huadong segment, which is engaged in the production and distribution of beer in East China; Dongnan segment, which is engaged in the production and distribution of beer in Southeast China; Hong Kong, Macau and Other Overseas Markets segment, which is engaged in the distribution of beer in Hong Kong, Macau and other overseas markets.

Sector

Brewers

Calendar

30/08/2024 - Q2 2024 Earnings Release

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Ratings for Tsingtao Brewery Company Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

47.8 CNY

Average target price

67.17 CNY

Spread / Average Target

+40.52%

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