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港股異動丨啤酒股拉昇 青島啤酒股份升4% 百威亞太升超3%
港股啤酒股普遍拉昇,其中,青島啤酒股份升4%,百威亞太升超3%,華潤啤酒升2.8%。消息上,招商證券發佈研報稱,啤酒銷量如期企穩,期待結構恢復。24年啤酒行業旺季銷量承壓拖累全年業績表現,主要企業通過增投費用、控制發貨等方式主動調節庫存,成本紅利帶動淨利率仍有提升。25年行業輕裝上陣,Q1銷量呈現復甦,業績也普遍呈現改善趨勢。全年維度看,旺季動銷改善意義不僅在於銷量恢復,低預期、低基數下,現飲渠道消費增加有望帶動結構自然恢復。

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