Changes in Hong Kong stocks | Budweiser Asia Pacific (01876) rose more than 4% in the afternoon O2O channels achieved strong double-digit growth. Institutions say they are concerned about subsequent cost changes

The Zhitong Finance App learned that Budweiser Asia Pacific (01876) rose more than 4% in the afternoon. As of press release, it rose 4.00% to HK$6.63, with a turnover of HK$125 million.

According to the news, Budweiser Asia Pacific management said at the performance conference that the company continues to advance its channel development strategy, focusing on deepening the high-end layout of the home scene and increasing the O2O channel penetration rate. Thanks to the support of product packaging innovation and brand strength, the O2O channel achieved strong double-digit growth in the third quarter and the first nine months of 2026, becoming an important growth point for the current Chinese business.

Huachuang Securities released a research report saying, take a comprehensive look. Considering the gradual transmission of packaging material cost pressure, the company's short-term profit margin may still be under pressure. In the future, when China's share stabilizes and shipments match sales, the scale effect and cost structure optimization are expected to drive a gradual restoration of profit margins.