[ET Net News Agency, 20 January 2022] Macquarie raised its target price for Bud APAC
(01876) to HK$30 from HK$29.6 and maintained its "outperform" rating.
The research house said it believes Bud APAC will outperform other China-listed beer
companies given that China is less exposed to pandemic outbreaks, while Korea is
benefitting from loosened social distancing restrictions. (RC)