China Resources Beer Holdings Co Ltd (CRHKY.PK)
24 Jun 2016
Fri, Mar 18 2016
* Says expects low single digit growth in beer sales volume for this year
HONG KONG, March 18 China Resources Beer (Holdings) Co Ltd posted a much bigger loss in 2015 than a year earlier as profits in its beer business was more than offset by losses in other businesses, which it sold to its parent in September.
HONG KONG/LONDON China Resources Beer has agreed to buy SABMiller's stake in their CR Snow venture for a less-than-expected $1.6 billion, removing another regulatory obstacle to the London-based brewer's takeover by Anheuser-Busch InBev .
* AB InBev, SABMiller shares little changed (Releads, adds analyst comments, share activity)
HONG KONG, March 2 Shares of China Resources Beer (Holdings) Co Ltd are set to open 25.2 percent higher on Wednesday after the Chinese brewer said it would buy a 49 percent stake in China Resources Snow Breweries in a bid to gain full ownership of the country's top beer brand.
HONG KONG, Feb 25 Hong Kong's stock index compiler said on Thursday that Cheung Kong Infrastructure Holdings Ltd will become a component of the Hang Seng Index while China Resources Beer (Holdings) Co Ltd will be removed from the benchmark.