China Merchants Guozheng Food and Beverage ETF

UBS Research Initiates Coverage of Dongpeng Beverage with Buy Rating and Target Price of HKD 294

Dongpeng Beverage Completes Stabilization Work, Morgan Stanley Implements Stabilization Measures

Eastjoy Beverages Partially Exercises Over-allotment Option to Raise HK$949 Million

Dongpeng Beverage Signs Yan Ni as Endorser for Hai Dao Coconut to Challenge Coconut Tree Group

Eastjoy Beverage and Trinigroup Reach $300 Million Strategic Partnership

Macquarie Initiates Coverage of Dongpeng Beverage with Outperform Recommendation

Citibank Gives Pinguodrink 'Buy' Rating, Bullish on Strong Growth

East Focus Beverage Discloses Shareholder Rights with Qatar Investment Authority Shareholding Change

Moutai Aroma Wine Marketing Co., Ltd. Upgrades Cooperation with Meituan Waimai, Official Stores Surpass 3000

GIC Private Limited Increased Its Holdings in Haitian Flavors to 14.02%

Huatai Securities gives an 'Overweight' rating to Haitian Flavors H-shares with a target price of HKD 39.3

Jinshi Shenhe (Guizhou) Digital Technology Equity Investment Partnership Founded

Kweichow Moutai Plans Share Repurchase to Cancel and Reduce Registered Capital

Moutai Establishes Strategic Cooperation with Joybuy and Sells Multiple Moutai Products on Joybuy UK Website

Haitian Flavors Reports Q3 2025 Revenue and Net Profit Growth

Yanghe released FY2025 9-month earnings on October 30 After-Market BJT, actual revenue CNY 18.09 B, actual EPS CNY 2.6386

WLY released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 8.174 B (forecast CNY 14.75 B), actual EPS CNY 0.5202 (forecast CNY 1.4562)

YILI released FY2025 Q3 earnings on October 30 Pre-Market (BJT), actual revenue CNY 28.63 B (forecast CNY 29.44 B), actual EPS CNY 0.51 (forecast CNY 0.4473)

WLY released FY2025 9 Months earnings on October 30 After-Market (BJT), actual revenue CNY 60.95 B, actual EPS CNY 5.5416

LZLJ released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 6.674 B (forecast CNY 5.919 B), actual EPS CNY 2.101 (forecast CNY 2.0203)

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CCTV 315 Gala exposed Shufu Xiang's bleached chicken feet, referring to it as a supplier of 'Man Shan Chan'. Hui Tong stated that the products sold are not involved in the incident and have verified that the inspection reports are compliant. The reporter was unable to contact the shareholders of Man Shan Chan, and customer service stated that they have taken the situation seriously and confirmed that the products sold meet relevant standards

Donews

Invesco Food & Beverage ETF

ChinaAMC CSI Food & Beverage Sub-Industry ETF

Tianhong CSI Food and Beverage ETF

Reports indicate that Hui Tong has previously promoted 315 exposed bleached chicken feet

ONLN

FTXG

Recently, Guangdong Meiyijia Convenience Store has attracted public attention for allegedly selling counterfeit cigarettes on a large scale. On March 15, Meiyijia Holdings Limited issued an apology statement, acknowledging management loopholes in its stores and has established a special task force for investigation and rectification. The company will suspend operations at the involved stores, cooperate with relevant departments for investigation, and conduct a nationwide special inspection. Meiyijia stated that it will seriously handle the responsible parties and announce a consumer service hotline

Wallstreetcn

VanEck Retail ETF

ProShares Online Retail

SPDR FD Consumer Staples

SPDR S&P Retail ETF

VG Consumer Stap

First Trust NASDAQ Food & Beverage

Amplify Online Retail ETF

iShares US Consumer Staples ETF

Guangdong 3.15 suspected of large-scale sales of counterfeit cigarettes, Meiyijia apologizes

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Bangalore Milk Union Ltd president D K Suresh criticized Flipkart for selling milk at Re 1, claiming it undermines farmers' dignity and cooperative movements. He filed a complaint with the Competition Commission of India and contacted Prime Minister Modi regarding the issue. Flipkart defended its pricing strategy, stating it runs promotional campaigns without affecting farmer payments. Suresh emphasized that such predatory pricing harms farmers' livelihoods and urged government intervention to protect the cooperative system. He noted a significant drop in BAMUL's milk sales and raised concerns about the sourcing of milk for Flipkart's promotions.

Business Standard

Hwabao WP CSI Food & Beverage Sub-Industry ETF

Yinhua CSI Food & Beverage Sub-Industry Theme ETF

BAMUL chief slams Flipkart over Re 1 milk sale, flags impact on farmers

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Swire Pacific (SEHK:19) reported a HK$6.7b one-off loss, impacting its net margin, which fell to 3.2%. Despite this, the company achieved a net income of HK$2.1b in the second half of FY 2025, with a trailing twelve-month revenue of HK$90.5b. Analysts forecast earnings growth of 22.45% annually, driven by expansion in property and beverage sectors, although revenue growth is expected to be slower at 4.2%. The shares trade at HK$85.3 with a P/E of 39.2x, raising questions about valuation amid mixed signals regarding future earnings potential.

Simplywall

Hwabao WP CSI 800 Real Estate ETF

Yinhua CSI Interior Real Estate Theme ETF

SWIREPROPERTIES

SWIRE PACIFIC A

ChinaAMC CSI All Share Real Estate ETF

SWIRE PACIFIC B

China Southern CSI All Share Real Estate ETF

Huaan CSI SWS Food and Beverage ETF

Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative

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YUMC

EATZ

McDonald's Corp. is launching a new $3 and under menu to attract cost-conscious customers and enhance its competitive position in the U.S. This initiative, set to debut in April, aligns with a broader industry trend of offering lower-priced options amid rising living costs. The move aims to sustain restaurant traffic and may pressure competitors like Yum Brands and Restaurant Brands International. Analysts suggest that McDonald's value offerings could influence industry pricing practices and help maintain customer loyalty.

- McDonald's Corp. is introducing a new menu with items priced at $3 and under to attract price-conscious customers and enhance its competitive position in the U.S.  
- This initiative, launching in April, aligns with a broader trend among restaurant chains to offer lower-priced options amid rising living costs.  
- Analysts suggest that McDonald's pricing strategy could influence industry pricing practices and strengthen its leadership in the quick-service restaurant sector.

GuruFocus

YUM CHINA

Yum! Brands

YUM China

JPMorgan Fundamental Data Sci Md Cor ETF

McDonald's

Invesco Leisure & ENT ETF

Restaurant Brands

AdvisorShares Restaurant ETF

McDonald's Expands Value Menu With $3 Items

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161725

BUD APAC is facing a revenue decline in the Chinese market, with the 2025 financial report showing total revenue of USD 5.764 billion, a year-on-year decrease of 7.72%. Sales fell by 8.6%, and the profit attributable to shareholders dropped to USD 489 million, hitting a record low. The new CEO Cheng Yanjun implemented strategic reforms but failed to reverse the downturn, and Budweiser lost its position as the industry's revenue leader, surpassed by CHINA RES BEER

腾讯新闻 - 财经

BUD APAC

Penghua CSI Alcoholic Drink ETF

CHINA RES BEER

China Merchants CSI Liquor Index Fund-A

"Beer King" Budweiser loses its position as the top revenue earner, besieged by local brands, with its high-end market being eroded

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Sichuan Baicha Baidao Flags Sharply Higher 2025 Profit on Strong Operational Gains

Tip Ranks

CHABAIDAO

Sichuan Baicha Baidao Flags Sharply Higher 2025 Profit on Strong Operational Gains

Kudi has suspended franchise applications in key cities and shifted to a direct operation model, aiming to enhance customer experience. Industry analysts believe this marks a shift in Kudi's strategic focus from aggressive expansion to more prudent management. Although Kudi achieved rapid growth through low-threshold franchising in the past two years, the rapid expansion has led to increased supply chain pressure, with franchisees facing shortages of goods and equipment issues. This move is seen as an adjustment to the earlier expansion model

Why did Kudi suddenly hit the brakes on shifting from franchise to direct sales in key cities?

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Macquarie Downgrades WH Group to Underperform from Neutral, Price Target is HK$7.50

marketscreener

China Merchants CSI Animal Husbandry ETF

Ping An CSI Animal Husbandry ETF

WH Group

WH GROUP

Guotai CSI Animal Husbandry ETF

VanEck Agribusiness ETF

Penghua CSI Animal Husbandry ETF

Macquarie Downgrades WH Group to Underperform from Neutral, Price Target is HK$7.50

Luckin Coffee's major shareholder significantly increased capital to acquire Blue Bottle Coffee, with a transaction amount not exceeding $400 million. Blue Bottle Coffee is known for its high-end market, but due to slow expansion and high operating costs, Nestlé decided to sell. Luckin hopes to achieve complementary advantages through the acquisition of Blue Bottle, despite facing price wars and profit pressures. Blue Bottle Coffee has only 15 stores in the domestic market and just 140 globally, and its unique business philosophy makes it stand out in the fiercely competitive coffee market

Luckin Coffee's major shareholder acquires Blue Bottle Coffee, is the ready-to-drink coffee sector undergoing another reshuffle?

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VEGOILS-Palm oil rises on strong Dalian rivals, set to log weekly gain

Penghua CNI Grain Industry ETF

ChinaAMC CSI Agriculture Theme ETF

First Trust Indxx Global Agri

Fullgoal CSI Agriculture Theme ETF

iShares MSCI Agriculture Producers ETF

Harvest CSI Grand Agriculture ETF

E Fund CSI Modern Agriculture Theme ETF

Invesco DB Agriculture FD ETF

VEGOILS-Palm oil rises on strong Dalian rivals, set to log weekly gain

02460

CR BEVERAGE issued a profit warning, expecting the net profit attributable to shareholders to decline by approximately 40% year-on-year in 2025, falling to 982 million yuan. Although the net profit attributable to shareholders for 2024 is projected to be 1.637 billion yuan, a year-on-year increase of 23.12%, the bottled water business continues to face pressure, with market share dropping from 70% at the beginning of 2024 to 40% by August 2025. The company will increase marketing investment and adjust its product structure to meet challenges

CR BEVERAGE

The bottled water business continues to face pressure, and the net profit of the parent company of Yi Bao has fallen back to three years ago

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MNSO

Chinese brands are actively expanding into the Latin American market, with MIXUE opening its first stores in Mexico City and São Paulo, Brazil, attracting a large number of young consumers. MIXUE's low-price strategy sets its product prices at only 1/4 to 1/5 of local comparable brands, impacting the foot traffic of surrounding dining establishments. Other Chinese brands such as POP MART and Miniso are also performing well in the Latin American market, demonstrating strong growth momentum for new Chinese consumer brands in the region

- In February 2026, China's Mixue Ice City opened its first store in Mexico City, marking a strategic entry into the Latin American market.  
- The store's low prices and successful marketing campaigns on social media, particularly TikTok, have attracted significant consumer interest, leading to long queues for its products.  
- This expansion reflects a broader trend of Chinese brands establishing local supply chains and adapting to consumer preferences in Latin America, indicating a shift towards long-term investment and deeper market integration.

MIXUE GROUP

POP MART

Miniso

This generation of Chinese brands is "competing" in Latin America

China Resources Beer issued a profit warning, expecting net profit in 2025 to decline to between 2.92 billion and 3.35 billion yuan, a decrease of 29.6% to 38.6% compared to last year. The main reason is the goodwill impairment related to Sands China, amounting to between 2.79 billion and 2.97 billion yuan. This impairment stems from China Resources Beer’s acquisition of Sands China for 12.3 billion yuan three years ago. The current chairman Zhao Chunwu indicated that the previous leader Hou Xiaohai should be held accountable for the aggressive acquisitions by writing down the inflated valuations. China Resources Beer's liquor business has seen a significant decline in performance post-acquisition, with revenues of 2.067 billion and 2.149 billion yuan in 2023 and 2024, respectively

Acquisition of Sands impairment of 2.9 billion, is Hou Xiaohai, who resigned for half a year, "taking the blame"?

CR BEVERAGE's performance significantly declined in its second year after going public, with an expected decrease of approximately 40% in net profit attributable to the parent company in 2025, down to about 1 billion yuan. The stock price has fallen from the initial listing price of HKD 16.12 to HKD 10.03, a decline of nearly 40%. The company stated that the performance decline was influenced by marketing investments, product structure adjustments, and channel transformations, with the bottled water business under pressure and competition intensifying. To boost shareholder confidence, CR BEVERAGE announced a dividend plan for 2025, with the total dividend not less than 90% of the net profit attributable to the parent company

One Year After Listing, Performance "Changes Face," CR BEVERAGE's Net Profit Drops by 40%

China Merchants Guozheng Food and Beverage ETF(159843.SZ)

Reports indicate that Hui Tong has previously promoted 315 exposed bleached chicken feet

Guangdong 3.15 suspected of large-scale sales of counterfeit cigarettes, Meiyijia apologizes

BAMUL chief slams Flipkart over Re 1 milk sale, flags impact on farmers

Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative

McDonald's Expands Value Menu With $3 Items