[ET Net News Agency, 5 February 2024] Jefferies lowered the target price for Tsingtao
Brew (00168) to HKD82 from HKD100 and maintained the "buy" rating.
The research house said it expects Tsingtao Brew to report a 4Q23 net loss of RMB673m,
VS a loss of 556m in 4Q22, with sales decline of 9% yoy to RMB2.8bn. (RC)