Kingway Brewery Rises After China Resources Says It Plans Bid

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Kingway Brewery Holdings Ltd. (124), the Chinese company that has called for bids for its beer business, rose the most in a month in Hong Kong trading after China Resources (291) Enterprise Ltd. said it plans to make an offer. (more…)

AB-InBev on Shortlist for China Brewery Deal

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Anheuser-Busch InBev NV, the world’s biggest brewer, and two Chinese brewers are on the shortlist to buy most of the operations being sold by China’s Kingway Brewery Holdings Ltd, sources with direct knowledge of the matter said. (more…)

SABMiller launches China trial for Miller Genuine Draft

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SABMiller plc (SAB.L) one of the world’s leading brewers, today announces that China Resources Snow Breweries Limited (“CR Snow”), its joint venture with China Resources Enterprise Limited (“CRE”), is launching a trial of SABMiller’s international premium brand, Miller Genuine Draft, in the Zhejiang region of China. (more…)