Penghua CSI Alcoholic Drink ETF

Tsingtao Brewery Launches Promotions for the World Cup

CITIC Securities and DBS Reiterate Buy Rating for Tsingtao Brewery with Target Price

Tsingtao Beer Reports Q1 2026 Net Profit Growth Amid Revenue Decline

WLY released FY2026 Q1 earnings on April 30 After-Market (BJT), actual revenue CNY 22.84 B (forecast CNY 26.9 B), actual EPS CNY 2.0772 (forecast CNY 2.885)

Morgan Stanley Downgrades Tsingtao Beer's Earnings Forecast and Raises Target Price

SHANXI FEN WINE released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 14.92 B (forecast CNY 15.85 B), actual EPS CNY 4.41 (forecast CNY 4.2)

LZLJ released FY2025 Q4 earnings on April 28 (BJT), actual revenue CNY 2.604 B (forecast CNY 3.994 B), actual EPS CNY 0.0464 (forecast CNY 0.9655)

LZLJ released FY2025 annual earnings on April 28 (BJT), actual revenue CNY 25.73 B (forecast CNY 28.09 B), actual EPS CNY 7.36 (forecast CNY 8.0818)

WLY released FY2025 earnings on April 28 After-Market (BJT), actual revenue CNY 40.53 B (forecast CNY 76.06 B), actual EPS CNY 2.3068 (forecast CNY 6.722)

WLY released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY -20.42 B (forecast CNY 12.04 B), actual EPS CNY -3.2344 (forecast CNY 1.0444)

King’s Luck released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 1.3 B (forecast CNY 1.295 B), actual EPS CNY 0.0438 (forecast CNY 0.2)

King’s Luck released FY2025 annual earnings on April 28 After-Market BJT, actual revenue CNY 10.18 B (forecast CNY 10.16 B), actual EPS CNY 2.0883 (forecast CNY 2.1614)

Gu Jing released FY2026 Q1 earnings on April 28 Pre-Market (BJT), actual revenue CNY 7.446 B (forecast CNY 7.774 B), actual EPS CNY 3.04 (forecast CNY 3.52)

LZLJ released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 8.025 B (forecast CNY 7.949 B), actual EPS CNY 2.52 (forecast CNY 2.78)

Gu Jing released FY2025 Annual Earnings on April 28 During-Market (BJT), actual revenue CNY 18.83 B (forecast CNY 19.3 B), actual EPS CNY 6.71 (forecast CNY 8.2078)

King’s Luck released FY2026 Q1 earnings on April 28 Pre-Market (BJT), actual revenue CNY 4.322 B (forecast CNY 4.589 B), actual EPS CNY 1.1108 (forecast CNY 1.09)

Gu Jing released FY2025 Q4 earnings on April 28 During-Market (BJT), actual revenue CNY 2.407 B (forecast CNY 2.575 B), actual EPS CNY -0.7763 (forecast CNY 0.8982)

Tsingtao Brewery's Net Profit Increased by 5.23% in Q1

Yanghe released FY2025 earnings on April 27 During-Market (BJT), actual revenue CNY 19.21 B (forecast CNY 20.15 B), actual EPS CNY 1.4644 (forecast CNY 2.4192)

Yanghe released FY2025 Q4 earnings on April 27 During-Market (BJT), actual revenue CNY 1.121 B (forecast CNY 1.502 B), actual EPS CNY -1.1741 (forecast CNY -0.4406)

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U.S. beer sales have declined sharply, dropping 6.3% year-over-year, as rising gas prices pressure consumer spending. Convenience stores, particularly in high-fuel-cost states like California, are experiencing the most significant downturn, with volumes down 9%. Analysts note a negative correlation between gas prices and beer sales, indicating broader consumer spending challenges. While some brands like Michelob Ultra remain stable, others like Bud Light and Boston Beer are struggling. Overall, the beer market is facing intensified pressures as consumer sentiment hits a record low, with gas prices being a primary concern.

CNBC

BUD APAC

Boston Beer

Anheuser-Busch InBev NV

Invesco Leisure & ENT ETF

VG Consumer Stap

AdvisorShares Restaurant ETF

Tianhong CSI Food and Beverage ETF

Invesco Food & Beverage ETF

ChinaAMC CSI Food & Beverage Sub-Industry ETF

First Trust NASDAQ Food & Beverage

AdvisorShares Vice - ETF

China Merchants Guozheng Food and Beverage ETF

SPDR FD Consumer Staples

iShares US Consumer Staples ETF

NIQ Global Intelligence

AllianceBernstein

Seven & I Holdings Co., Ltd.

Seven & i Holdings Co., Ltd.

Shell

Exxon Mobil

Molson Coors Beverage

Molson Coors Beverage Co-B

Constellation Brands

Shell PLC

Beer demand stumbles as gas prices surge, data show

161725

Gosset, the oldest Champagne house, presents the Célébris Rosé 2009, a unique prestige rosé that defies typical flavor profiles. Sourced from 99% external grapes, the wine reflects a commitment to quality and tradition, with a focus on flavor over production targets. The 2009 vintage, marked by warmth, showcases a blend of 70% Chardonnay and 30% Pinot Noir, crafted to be dry and elegant. Gosset's decision to release this wine exclusively as a rosé highlights its dedication to representing its distinctive style.

FiNews

China Merchants CSI Liquor Index Fund-A

Jauch's Selection: A Rosé Built for the Table

HEINY

The global fruit beer market is projected to grow from USD 357.5 billion in 2026 to USD 462.06 billion by 2036, with a CAGR of 2.6%. This growth is driven by rising demand for flavor-infused alcoholic beverages, premium craft brewing, and non-alcoholic options. Key players include Anheuser-Busch InBev and Heineken N.V. The market is evolving with a focus on innovative fruit flavors, sustainable packaging, and health-conscious products. Key growth regions are China, the USA, Japan, Germany, and the UK, with raspberry and non-alcoholic fruit beers leading in demand.

MorningStar

Heineken

Fruit Beer Market Outlook 2036 with Key Contributions from Anheuser-Busch InBev, Heineken N.V., New Belgium Brewing Company, Sierra Nevada Brewing Company, and BrewDog by FMI Research Report

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Five of the seven beer companies listed in mainland China reported increased gross profit margins in Q1, driven by a shift towards high-end products. The combined net profit for these companies reached CNY2.6 billion (USD390 million), a 6.1% year-on-year increase. Notably, Tsingtao Brewery's net profit rose 5.2% to CNY1.8 billion, while Yanjing Brewery saw a 60.2% surge to CNY265 million. Despite these gains, beer production in China has declined for two consecutive years, prompting companies to focus on off-premises sales and product upgrades.

Yicai

Yanjing Brewery

Tsingtao Brewery

TSINGTAO BREW

Premium Beer Strategy Swells Profit Margins at Chinese Brewers

Campari will return to the Cannes Film Festival from May 12 to 23, 2026, celebrating its fifth year as an official partner. The iconic red bitter aperitif will host exclusive cinematic experiences, including the Campari Lounge featuring signature cocktails and collaborations with the Golden Globes and The Hollywood Reporter. Highlights include a private gathering for industry guests and a live recording of the Awards Chatter podcast. Campari continues its legacy in cinema, emphasizing creativity and passion in storytelling.

prnewswire

02:00 ETCAMPARI REGRESA A CANNES PARA CELEBRAR LOS MOMENTOS QUE DEFINEN EL CINE

Jefferies reported that BUD APACachieved a normalized EBITDA of USD463 million in Q1, exceeding expectations by 2%. Strong sales in eastern APAC, particularly in India, contributed to a 3% sales increase. However, revenue in China fell 4% due to increased investments, with a 1.5% decline in sales volume. Despite a 10.9% YoY drop in normalized EBITDA, management noted a slight improvement in the China market. Jefferies maintains a target price of HKD9.4 and a Buy rating.

AASTOCKS News

Jefferies Financial

Jefferies: BUD APAC  1Q Normalized EBITDA Beats; Strong India Sales

Citi has rated BUD APACas a Buy with a target price of HKD11.4. The company reported a flat YoY core net profit of USD234 million for Q1, aided by a lower effective tax rate and foreign exchange gains. Organic sales volume remained flat, while organic revenue fell 1% and normalized EBITDA declined 8%. The APAC East region, particularly South Korea, saw a 6% decline in organic revenue, with a 10% drop in sales volume. Average selling prices increased by 4%.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Rates BUD APAC  Buy, TP HKD11.4

CLSA's report on BUD APACindicates a narrowing 1.5% decline in China's sales volume in 1Q, with overall organic revenue down 0.7% YoY, slightly better than expectations. Revenue rose 2.2% YoY to USD 1.493 billion, exceeding forecasts. Normalized EBITDA fell 4.5% YoY to USD 463 million, while net profit decreased 3.4% YoY to USD 226 million, both surpassing market expectations. CLSA maintains an Outperform rating with a target price of HKD 9.

CLSA: BUD APAC  1Q China Volume Decline Narrows, Rating Outperform

Harrison Ford has co-created a limited edition Glenmorangie Highland single malt Scotch whisky, tailored to his taste. The whisky, crafted with Dr. Bill Lumsden, features a blend of bourbon cask-aged Glenmorangie and rare whisky finished in toasted Portuguese red wine casks. It offers zesty citrus notes, complemented by hints of muscovado sugar and apricot. Ford describes it as "very nice" and expresses pride in the collaboration. The Glenmorangie Harrison Ford Limited Edition will be available for purchase starting May 4, 2026, for $99.99.

09:00 ETHarrison Ford co-directs his own limited-edition Glenmorangie. His verdict? "Very nice"

ROCK'N Vodka and Bella Rio Bourbon are expanding their spirits portfolio with a historic bourbon release and strategic growth initiatives. Co-owned by Rick Nielsen, the company has nearly 1,800 investors and is leveraging a joint venture with Kennay Farms Distilling to enhance production and create immersive brand experiences. The launch of the Bella Rio Washington Recipe Rye Whiskey reflects a blend of historical authenticity and modern craftsmanship. The company is inviting early-stage investors to participate in its growth, emphasizing a unique model that combines product offerings with experience-driven revenue.

ROCK'N Vodka & Bella Rio Bourbon Expand With Historic Release and Strategic Growth—Continued Investment Opportunity

Penghua CSI Alcoholic Drink ETF(512690.SH)