Feed barley potential rises on the back of demand for malt barley in China
A growing thirst for beer in China is opening opportunities for Australian barley growers to increase their exports. (more…)
China. Prices for beer in a glass bottle went 4.5% up during the year
According to the monitoring data for 36 major cities in China, in June 2016 as compared to June 2015, retail prices for beer in a glass bottle of 650 ml went 4.5% up to 7.02 yuan for a liter. (more…)
China. Zhujiang investing 1.8 bln yuan into constructing entertainment complex at old brewery location
Modern youth of China needs new and interesting places of entertainment. So, by 2019 Zhujiang Brewery (Pearl river) is planning to spend 1.8 bln yuan to construct an entertainment complex at an old brewery location. So how will the youth’s dream be fulfilled? (more…)
China. The fight is on, for beer and noodles
Favourites for years, especially with low earners – but last year Chinese beer consumption dropped by 3.6pc, and instant noodles fared even worse, slumping 12.5pc (more…)
China Resources Beer shares down 4% after rights issue
Shares of state-backed China Resources Beer closed down 4.1% at 16.26 Hong Kong dollars on Wednesday after it announced a rights issue to fund the buyout of the world’s best-selling beer from joint-venture partner SABMiller. (more…)
China Resources Beer to raise HK$9.5b in rights issue, as it preps to buy SABMiller’s 49pc stake in Snow Breweries
China Resources Beer, the country’s biggest beer maker, said Wednesday it was planning to raise HK$9.5 billion in what is likely to be one of the largest rights issues in Hong Kong since last year, as it prepares to buy a 49 per cent stake in China Resources Snow Breweries, currently owned by SABMiller. (more…)
The Warcraft movie is so popular in China it has its own beer
As you may have heard, the Warcraft film bombed in the US. But as you also may have heard, worldwide gross actually matters now, and because of China, it’s far and away the highest earning video game film of all time — and it’s still pretty early in its theatrical run. (more…)
In April 2016, the beer production decline in China sped up
From January till April 2016, the beer production in China was cut by 6.3% to 134.28 mln hl as NBSC informs. (more…)
China’s breweries expect short-term boost from European football championship
Speculation ahead of the championship proves a boost for beer maker shares but analysts see tougher competition ahead as foreign brands bolster investment in China (more…)
Frank Lai Ni Hium Resigns as CFO of China Resources Beer Company
Chief Financial Officer and the Company Secretary of the Company, due to his other career aspirations, and will cease to be a member of each of the Executive Committee, the Finance Committee and the Nomination Committee, all took effect on 1 June 2016. (more…)