[ET Net News Agency, 30 April 2024] Daiwa raised the target price for Tsingtao Brew
(00168) to HKD75 from HKD71 and maintained the "buy" rating.
The research house said its 2024-26E EPS are 1-5% higher than the market consensus,
likely on its more upbeat margin assumptions as it expects more cost tailwinds and
production efficiency gains for Tsingtao. (rc)