HK Stock Market Move | CR BEVERAGE(02460) continues to rise by over 7%. With its potential inclusion in the Hang Seng Index, liquidity is expected to significantly improve. The beverage business is expected to open up growth opportunities.

date
26/02/2025
avatar
GMT Eight
CR BEVERAGE (02460) rose more than 7% again, as of press time, it rose 7.5% to HKD 13.48, with a turnover of HKD 80.4052 million. On the news front, on February 21, the Hang Seng Index Company released the latest quarterly review results, in which CR BEVERAGE was included in the Hang Seng Comprehensive Index constituents, and all changes will be implemented on March 7, and will take effect on March 10. CITIC SEC stated that CR BEVERAGE may be included in the Hong Kong Stock Connect. Guosheng Securities pointed out that the company's liquidity is expected to significantly improve after being included in the stock connect, and the clear upward trend in net profit margin in the medium to long term, it is recommended to focus on. Debon Securities pointed out that the company's main business of packaged water has been ranked second in the industry for a long time, and national expansion drives revenue growth; at the same time, the certainty of gross profit margin improvement brought by the increase in self-production rate is high. The second curve of the beverage business is gradually gaining momentum, with strong long-term growth potential and the opportunity to break through the revenue ceiling.

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