• Sat
  • Aug 30, 2014
  • Updated: 2:07pm

Kingway Brewery

Kingway shares climb after sale of breweries announced

Shares of Kingway Brewery Holdings rose 7 per cent yesterday after the company announced it was selling its brewery business for 5.58 billion yuan (HK$6.87 billion) to China Resources Snow Breweries and a special dividend was proposed.

Thursday, 7 February, 2013, 5:16am

China's biggest brewer, Snow, to buy Kingway

Kingway will reinvent itself as a developer after selling its distribution network and its seven breweries, by redeveloping its Plant 1 site in Buxin, Shenzhen, the only land holding it is not selling as part of the deal, into a retail and commercial complex.

6 Feb 2013 - 4:43am

Kingway in sights of China Resources

China Resources Enterprise hopes to buy Kingway Brewery, one of Southern China's leading beer brands, as it seeks to expand its market share of the mainland beverage industry.

China Resources says its expansion plan is still on course despite a slump in profit last year on surging labour costs and higher tax expenses.

22 Mar 2012 - 12:00am

Kingway stock soars on rumours of asset sale

Shares in one of Guangdong's largest breweries, Kingway Brewery, jumped to a near five-year high yesterday as bidders lined up to buy its brewery operations and the Kingway brand.

The stock closed up 27 HK cents, or 10.11 per cent, yesterday at HK$2.94, gaining 17.6 per cent since the close of trade on Friday.

15 Feb 2012 - 12:00am

Results

Today Interim: Aupu Group Holding, China Investments Holdings, China Power Int'l Development, China Resources Enterprise, Nanyang Holdings, Quasar Communication Technology Holdings, Scud Group, Tristate Holdings

AGM: Kwong Hing Int'l Holdings, Mexan, Shaw Brothers (Hong Kong)

3 Sep 2008 - 12:00am

Results

Today Interim: China Flavors & Fragrances, China Merchants Holdings (Int'l), China National Materials, China Shanshui Cement Group, Denway Motors, Hidili Industry Int'l Development, Nam Fong Int'l Holdings, Shanghai Industrial Holdings, Shangri-La Asia, Sino Biopharmaceutical, Tradelink Electronic Commerce

2 Sep 2008 - 12:00am

Results

Today Interim: China Resources Power Holdings, First Pacific, Giordano Int'l, Hi Sun Technology (China), SCMP Group, Shougang Concord Century Holdings, Shougang Concord Grand (Group), Shougang Concord Int'l Enterprises, Sinotrans, Tian An China Investments, Xinyi Glass Holdings, Xtep Int'l Holdings

AGM: King Fook Holdings, Lee & Man Paper Manufacturing

1 Sep 2008 - 12:00am

Hard times to take froth off brewers' earnings

Earnings of mainland brewers are expected to lose their froth this year, with industry players worst hit by falling sales and rising costs likely to report losses, warn analysts.

14 Jul 2008 - 12:00am

Results

Today Final: Le Saunda Holdings, Mobile Telecom Network (Holdings), United Power Investment

AGM: CATIC Shenzhen Holdings, Hopson Development Holdings, Kingway Brewery Holdings, Lerado Group (Holding)

Tomorrow Final: China WindPower Group, Soluteck Holdings

16 Jun 2008 - 12:00am

Results

Tomorrow AGM: Baoye GroupJune 16 Final: Le Saunda Holdings, Mobile Telecom Network (Holdings), United Power Investment

AGM: CATIC Shenzhen Holdings, Hopson Development Holdings, Kingway Brewery Holdings, Lerado Group (Holding)

June 17 Final: China WindPower Group, Soluteck Holdings

14 Jun 2008 - 12:00am

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