Kirin Coverage Initiation: Tax Reforms Offer a Temporary Respite in the Domestic Beer Market
Kirin Holdings Company Limited is mainly engaged in the brewing and retail of alcoholic and non-alcoholic beverages (both domestically and...
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Developed Markets Opportunities
Continue to favor EAFE over EM. As long as the U.S. dollar remains elevated, we believe developed international (EAFE) will remain in a leadership...
660 Views
Budweiser Brewing Company APAC: Trading Debut, Valuation Scenario Analysis
Budweiser Brewing Company APAC (1876 HK)/Budweiser APAC will commence trading on Monday, 30 September. Budweiser APAC priced its IPO at HK$27 per...
610 Views
Global Equity Strategy: Squarely in the Neutral Camp
At this point in time the major global indexes (MSCI ACWI, ACWI ex-US, EAFE, EM) have failed to break above their respective resistance levels,...
599 Views
Budweiser APAC IPO: Better Brew but at Bubbly Prices. Making Hay When the Sun Shines?
Budweiser Brewing Company APAC (1876 HK) 's latest shot at an IPO despite turbid market conditions comes at a valuation range (EV of USD 47 - 52...
853 Views