Kingstar brews up new IPO flavor with Chinese-style craft beers
The brewer could become Hong Kong’s first new beer listing in years, delivering high growth by pivoting to craft beers in an otherwise stagnating industry Key Takeaways: Kingstar Brewery has…
BRIEF: China weakness drags down Budweiser APAC’s profit, revenue
Beer maker Budweiser Brewing Co. APAC Ltd. (1876.HK) (Bud APAC) said on Wednesday its revenue fell 7% last year to $6.25 billion, while its profit dropped by 14% to $726…
Budweiser’s China glass drains as consumers have less to toast
The brewer’s Asia unit is being tripped up by slowing business in its largest regional market where a slowing economy is leading to growing consumer caution Key Takeaways: Budweiser APAC’s…
