Source:
https://scmp.com/business/markets/article/3034488/stocks-blog-budweiser-apac-posts-profit-decline-tencent-searching Markets
Stocks Blog: Investors punish Budweiser APAC over poor results; Tencent slips
- Budweiser Brewing Company APAC’s (1876 HK) profit fell 22 per cent in the third quarter
- China Vanke Q3 net profit rises 31.6 per cent -- boosting shares in Hong Kong and mainland
Shares of Budweiser Brewing APAC tumbled after the beer maker reported its third-quarter profits fell 22 per cent.
Welcome to Friday, traders!
China's stocks ended higher, while the Hang Seng Index ended under water.
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-- Zhang Shidong in Shanghai and Deb Price in Hong Kong