TOPIC

/ company

Budweiser Brewing APAC

(百威集团亚太控股有限公司)

百威集团亚太控股有限公司

Budweiser Brewing APAC is the Asia-Pacific business of Belgium's Anheuser-Busch InBev and is the most profitable brewer in Asia. It is the third-largest brewer by volume in China. Its top beer brands in China include Budweiser, Corona, Hoegaarden and Harbin. Outside China, Budweisers' principal markets in Asia are India, South Korea and Vietnam.

Chairman / President

Jan Eli B. Craps

CFO / Finance Director

Ignacio Lares

Industry

Food & Beverages

Website

budweiserapac.com

Headquarters address

Hong Kong, China

Stock Code

SEHK:1876

Year founded

1876

Heineken beers are becoming a popular choice for stay-at-home drinkers in China, according to the end of year sales results. China was one of the top three contributors to Heineken’s net profit in 2025. Photo: Reuters

China economy

Budweiser and Heineken face polar opposite fates in China as punters stay home

Beer drinkers in China are veering away from bars and high-end restaurants, instead opting for cheaper stay-at-home options, analysts say.

20 Feb 2026 - 9:36AMvideocam

China consumption

Pursuit of hoppiness: how China’s cash-conscious drinkers embraced craft beers

2 Dec 2025 - 11:41PMvideocam

Business of climate change

Budweiser beats emissions goal in China, reaffirms 2040 carbon neutral aim

7 Jul 2024 - 10:00AM

Sustainability & Impact Investment

Interest on Budweiser’s US$500 million linked to sustainability targets

Global green and ESG-linked loan disbursement reached a record US$320 billion in the year’s first half, 3.5 times that in the same period last year, according to Refinitiv

13 Jul 2021 - 5:06PMvideocam

Budweiser APAC, which runs 52 breweries in China, South Korea, India and Vietnam, has set a target to cut its carbon footprint by a quarter by 2025 from 2017 levels. Photo: Bloomberg

Stocks

Hang Seng Index rises on Budweiser earnings as Chinese vaccine makers sink

Hong Kong stocks advanced as Budweiser soared to a five-month high on earnings rebound, while returning mainland traders gave market a liquidity boost. Vaccine makers tumbled on concerns about monopoly, profit outlook.

6 May 2021 - 5:21PMvideocam

Hang Seng Index

Budweiser, Anta, Meituan displace Swire Pacific in Hang Seng Index

Meituan will get a 5 per cent weighting, in a long-awaited move that will raise the status of technology companies in Asia’s third-largest stock market.

14 Nov 2020 - 3:02PMvideocam

Coronavirus pandemic

Budweiser dominates after lockdown boosts China’s thirst for online beer

Budweiser’s Asian unit saw double-digit growth in online beer sales, boosted by its array of products and partnerships with Chinese platforms and celebrities.

8 Nov 2020 - 10:03PMvideocam

The company now boasts twice the market share in the e-commerce space as any of its nearest competitors, according to CEO Craps. Photo: Reuters

Coronavirus pandemic

Corona beer’s brewer posts loss as coronavirus forced bars to shut

Budweiser APAC, which owns brands including Corona and Stella Artois, said its quarterly revenue dropped 39 per cent to US$956 million in the first three months

7 May 2020 - 10:29PMvideocam

Coronavirus pandemic

Budweiser takes a hit in China as sales campaign runs into viral outbreak

Budweiser Brewing Company APAC, the most profitable brewer in Asia, said revenue and profit in China plunged in the first two months of this year as nightclubs and restaurants were shut across the country amid the coronavirus outbreak.

27 Feb 2020 - 2:31PM

IPO

Hong Kong snatches 2019 global IPO crown with 11th-month dash

Outlook for 2020 is good, say analysts, as Alibaba’s performance since debut, and a breakthrough in US-China trade talks attract more listings

27 Dec 2019 - 11:42PMvideocam

Executives from Budweiser Brewing Company APAC celebrate the beer maker’s mega listing in Hong Kong in September. Photo: Reuters

Stocks

Stocks Blog: Beigene, Budweiser, AIA help push Hang Seng to three-month high

Stocks rally in mainland and Hong Kong on trade optimism, US job growth

4 Nov 2019 - 5:35PM

A Chinese investor uses a mobile phone to check a rare earths company's stock price at a securities brokerage house in Beijing. Photo: EPA-EFE

IPO

Budweiser third-quarter profit falls 22 per cent as China, Korea sales decline

Budweiser Brewing Company APAC faced ‘softness’ in nightlife channel in China, competitive environment in South Korea in third quarter

25 Oct 2019 - 11:01PMvideocam

Stocks

Stocks Blog: Investors punish Budweiser APAC over poor results; Tencent slips

25 Oct 2019 - 4:51PM

IPO

Budweiser shares jump 4 per cent on debut in Hong Kong

Budweiser’s US$5 billion IPO is the second-biggest listing globally this year after Uber Technologies’ US$8.1 billion offering in New York in May

30 Sep 2019 - 11:03PMvideocam

Budweiser’s shares got off to a good start on their Hong Kong debut on Monday. Photo: Reuters

IPO

Budweiser prices stock sale at bottom of price range at HK$27 a share

Budweiser Brewing Company APAC’s IPO is the second-biggest of the year globally after Uber Technologies’s US$8.1 billion sale in New York in May.

24 Sep 2019 - 11:03PMvideocam

Packs of Budweiser’s beer are displayed in a Shanghai's supermarket on 20 October 2004. Photo: AFP

IPO

Editorial | Public offerings at risk of hangover despite cheer from Budweiser

Decision by world’s largest brewer to go ahead with slimmed down listing in city wracked by protests is welcome news, but this is not the time for complacency.

21 Sep 2019 - 4:45AMvideocam

Hong Kong Monetary Authority (HKMA)

Hong Kong cuts base rate by 25 basis points in lockstep with US Fed

The widely expected rate cut is a much-needed spur to prevent Hong Kong’s economic growth from stalling into a technical recession in the third quarter.

19 Sep 2019 - 7:51PM

IPO

Budweiser eyes US$4.8 billion Hong Kong IPO, adds Singapore’s GIC as investor

Budweiser Brewing Company APAC said on Tuesday that it plans to raise up to US$4.8 billion and add Singapore sovereign wealth fund GIC Private Limited as a cornerstone investor as it revives its slimmed-down Hong Kong IPO.

23 Sep 2019 - 4:40PMvideocam

Budweiser initially hoped to raise as much as US$9.8 billion. Photo: Reuters

IPO

Budweiser revives its blockbuster Hong Kong fundraising plan

Budweiser Brewing Company APAC says there is no guarantee that the IPO will go ahead despite resuming its IPO application.

12 Sep 2019 - 11:03PM

Help preserve 120 years of quality journalism.

SUPPORT NOW

Budweiser Brewing APAC

(百威集团亚太控股有限公司)

Budweiser and Heineken face polar opposite fates in China as punters stay home

Beer drinkers in China are veering away from bars and high-end restaurants, instead opting for cheaper stay-at-home options, analysts say.

Pursuit of hoppiness: how China’s cash-conscious drinkers embraced craft beers

Budweiser beats emissions goal in China, reaffirms 2040 carbon neutral aim

Interest on Budweiser’s US$500 million linked to sustainability targets

Global green and ESG-linked loan disbursement reached a record US$320 billion in the year’s first half, 3.5 times that in the same period last year, according to Refinitiv

Hang Seng Index rises on Budweiser earnings as Chinese vaccine makers sink

Hong Kong stocks advanced as Budweiser soared to a five-month high on earnings rebound, while returning mainland traders gave market a liquidity boost. Vaccine makers tumbled on concerns about monopoly, profit outlook.

Budweiser, Anta, Meituan displace Swire Pacific in Hang Seng Index

Meituan will get a 5 per cent weighting, in a long-awaited move that will raise the status of technology companies in Asia’s third-largest stock market.

Budweiser dominates after lockdown boosts China’s thirst for online beer

Budweiser’s Asian unit saw double-digit growth in online beer sales, boosted by its array of products and partnerships with Chinese platforms and celebrities.

Corona beer’s brewer posts loss as coronavirus forced bars to shut

Budweiser APAC, which owns brands including Corona and Stella Artois, said its quarterly revenue dropped 39 per cent to US$956 million in the first three months

Budweiser takes a hit in China as sales campaign runs into viral outbreak

Budweiser Brewing Company APAC, the most profitable brewer in Asia, said revenue and profit in China plunged in the first two months of this year as nightclubs and restaurants were shut across the country amid the coronavirus outbreak.

Hong Kong snatches 2019 global IPO crown with 11th-month dash

Outlook for 2020 is good, say analysts, as Alibaba’s performance since debut, and a breakthrough in US-China trade talks attract more listings

Stocks Blog: Beigene, Budweiser, AIA help push Hang Seng to three-month high

Stocks rally in mainland and Hong Kong on trade optimism, US job growth

Budweiser third-quarter profit falls 22 per cent as China, Korea sales decline

Budweiser Brewing Company APAC faced ‘softness’ in nightlife channel in China, competitive environment in South Korea in third quarter

Stocks Blog: Investors punish Budweiser APAC over poor results; Tencent slips

Budweiser shares jump 4 per cent on debut in Hong Kong

Budweiser’s US$5 billion IPO is the second-biggest listing globally this year after Uber Technologies’ US$8.1 billion offering in New York in May

Budweiser prices stock sale at bottom of price range at HK$27 a share

Budweiser Brewing Company APAC’s IPO is the second-biggest of the year globally after Uber Technologies’s US$8.1 billion sale in New York in May.

.css-1m2rp1p{color:#34b8b5;}Editorial | Public offerings at risk of hangover despite cheer from Budweiser

Decision by world’s largest brewer to go ahead with slimmed down listing in city wracked by protests is welcome news, but this is not the time for complacency.

Hong Kong cuts base rate by 25 basis points in lockstep with US Fed

The widely expected rate cut is a much-needed spur to prevent Hong Kong’s economic growth from stalling into a technical recession in the third quarter.

Budweiser eyes US$4.8 billion Hong Kong IPO, adds Singapore’s GIC as investor

Budweiser Brewing Company APAC said on Tuesday that it plans to raise up to US$4.8 billion and add Singapore sovereign wealth fund GIC Private Limited as a cornerstone investor as it revives its slimmed-down Hong Kong IPO.

Budweiser revives its blockbuster Hong Kong fundraising plan

Budweiser Brewing Company APAC says there is no guarantee that the IPO will go ahead despite resuming its IPO application.

Editorial | Public offerings at risk of hangover despite cheer from Budweiser