China Resources Beer's stock surged 5.25% during intraday trading on Tuesday, reflecting strong investor confidence in the company's financial prospects.
The significant price movement follows a positive analyst note from Deutsche Bank, which highlighted that China Resources Beer's recurring operating profit margin uptrend is likely to continue in 2026, supported by operating leverage. The bank raised its 2026-2028 EBITDA estimates by approximately 3% on average and lifted its target price on the stock to HK$39 from HK$37.30, while maintaining a buy rating.
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