China Resources Beer Explained

China Resources Beer (Holdings) Company Limited
Native Name:華潤啤酒(控股)有限公司
Former Name:China Resources Enterprise
Type:Public
Foundation:1992
Location:Hong Kong
Area Served:Mainland China
Hong Kong
Industry:Conglomerate
Parent:China Resources Holdings

China Resources Beer is a subsidiary of China Resources Holdings. It's assets include a 51% share in CR Snow, the largest brewing company in China and a joint venture with SAB Miller.[1]

Background

The company was previously part of China Resources Enterprise before it sold its non-beer business to China Resources Holdings and rebranded to China Resources Beer in September 2015. [2]

It is a Hang Seng Index Constituent Stock (blue chip) and is Hang Seng China-Affiliated Corporations Index Constitute Stock (red chip) in the Hong Kong stock market.

See also

Notes and References

  1. News: 13 July 2011 . China Resources/SABMiller JV buys breweries from Heineken . 30 September 2011 . Reuters.
  2. Web site: 2016-03-18 . CR Beer eyes more acquisitions after profit surges 13.8 per cent . 2024-10-17 . South China Morning Post . en.