News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
CHINA RES BEER (00291.HK) Dives 4%+ After Opening High; Brokers Consider Interim Results Miss
CHINA RES BEER (00291.HK) opened 0.62% higher today (20 Aug) but retreated afterwards. It trades now at $22.9, plunging 4.58%, with 4.172 million shares traded, involving a capital...
Reset
Send
The window will close in 5 seconds
CHINA RES BEER (00291.HK) Dives 4%+ After Opening High; Brokers Consider Interim Results Miss
Close
Recommend
6
Positive
10
Negative
6
 
SHORT SELL
 
STOCK INFO

CHINA RES BEER (00291.HK)  +0.100 (+0.452%)    Short selling $56.86M; Ratio 16.040%   opened 0.62% higher today (20 Aug) but retreated afterwards. It trades now at $22.9, plunging 4.58%, with 4.172 million shares traded, involving a capital of $97.1532 million.

CR BEER's net profit for 1H24 rose 1.2% YoY to RMB4.705 billion, while revenue fell 0.5% YoY to RMB23.744 billion. DPS increased to RMB0.373.

Nomura commented that CR BEER's earnings were weaker than expected due to slower sales and profits. The broker therefore lowered its target price from $45 to $40.1, with a Buy rating. JPMorgan also considered the brewer's earnings to be slightly weaker than expected and trimmed its target price to $45.


(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-12 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.