On the night before, Qingdao Brewery Co., Ltd. (hereinafter referred to as: Qingdao beer, 600600. SZ) announced that, as a shareholder holding more than 5% of the total share capital of the company, peak Reinsurance Company Limited, an entity of Fosun International Co., Ltd., transferred 502000 H shares of the company from November 16 to 17, 2020 through centralized bidding, resulting in Five entities (synthetic Fosun Group) accumulated active reduction proportion of 5%.
According to calculation, through multiple reduction, from May 8, 2019 to November 17, 2020, Fosun Group realized a total of about HK $4.2 billion, about RMB 3.55 billion. At this time, choose to cash out beer stocks, may be related to its high price. Since the beginning of the year, beer stocks have experienced a wave of drinking high market. In terms of Yanjing beer and Qingdao beer, the stock price increases of a shares have reached 37% and 84% respectively, and the market value has reached 25.1 billion yuan and 110.1 billion yuan.
On November 23, the closing prices of Yanjing beer and Qingdao beer were 8.92 yuan / share and 93.10 yuan / share respectively, up 3.72% and 2.14% over the previous trading day.
Sichuan financial securities recently pointed out in the research report that with the alleviation of the epidemic situation, the domestic consumption scene gradually recovered, and the mobile sales of beer continued to improve on a month on month basis, boosting the demand for beer manufacturers. The production and operation of the industry will continue to improve, the market concentration will increase, the consumption will be upgraded, and the high-end of the beer industry will be steadily promoted. The head liquor enterprises are expected to continue to benefit, showing the Matthew effect that the strong will always be strong.