Daiwa: China Resources Beer (00291.HK) Continues High-End Brand Expansion, Maintains "Buy" Rating

Zhitong Finance APP has learned that Daiwa released a research report stating that China Resources Beer (00291.HK) management emphasized at a recent event that although overall beer consumption in mainland China is challenging, sales of its high-end brand Heineken have continued to record approximately 20% year-on-year growth in recent months, reflecting Heineken's continued market share gains in the high-end segment. The "Buy" rating is maintained.