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Ltd's shares took a significant hit on Tuesday, plunging over 5% in Hong Kong trading. The steep decline came after the Chinese beer maker reported underwhelming financial results for the third quarter of 2024.According to a filing with the Hong Kong Stock Exchange, Tsingtao Brewery's net profit attributable to shareholders dropped 9% year-over-year to 1.35 billion yuan  in Q3. The company's earnings per share also declined to 0.989 yuan for the quarter. Additionally, Tsingt","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00168"],"gpt_icon":0},{"id":"2479241302","title":"Hong Kong Stocks Slide Amid Mixed Earnings; Jiangsu Lopal Tech Shares Fall 16% in HK Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2479241302","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479241302?lang=en_us&edition=fundamental","pubTime":"2024-10-30 16:44","pubTimestamp":1730277873,"startTime":"0","endTime":"0","summary":"Hong Kong stocks snapped a three-day winning streak as investor sentiment remained jittery amid mixed earnings and anticipation of new fiscal support measures.The Hang Seng Index fell 1.55%, or 320.5 points, at 20,380.64. The Hang Seng China Enterprises index lost 1.77%, or 131.03 points, at 7,286.5.Investors are assessing mixed earnings reports as they look ahead to next week's legislative meeting, which may introduce new measures to buoy the economy.Tsingtao Brewery  saw its Hong Kong shares drop 5% after it reported a 9% drop in attributable profit for the third quarter to 1.35 billion yuan.Aluminum Corp. of China or Chalco's  Hong Kong shares plunged 12% at the day's close despite a 3% boost in profit in the third quarter to 2 billion yuan amid a 16% revenue jump.Standard Chartered's  shares, on the other hand, rose 3% after its underlying pretax profit jumped 172% to $1.72 billion in the third quarter.In corporate news, Jiangsu Lopal Tech  made a weak trading debut in Hong Kong on","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["601600","603906","02465","02888","02600","HSI","600600","00168"],"gpt_icon":1},{"id":"1161937668","title":"Stock Track | Tsingtao Brewery Shares Plummet 5% on Disappointing Q3 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1161937668","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1161937668?lang=en_us&edition=fundamental","pubTime":"2024-10-30 12:39","pubTimestamp":1730263149,"startTime":"0","endTime":"0","summary":"Shares of Chinese beer maker Tsingtao Brewery plummeted over 5% on Tuesday after the company reported disappointing financial results for the third quarter of 2024.In a filing with the Hong Kong Stock Exchange, Tsingtao Brewery revealed that its net profit attributable to shareholders dropped 9% year-over-year to 1.35 billion yuan  in Q3. The company's earnings per share also declined to 0.989 yuan for the quarter.Additionally, Tsingtao Brewery's revenue for the three-month period slid 5.3% comp","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["00168"],"gpt_icon":0},{"id":"2479175242","title":"Tsingtao Brewery's Q3 Profit Drops 9%, Operating Income Slides 5%; Shares Down 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=2479175242","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479175242?lang=en_us&edition=fundamental","pubTime":"2024-10-30 12:34","pubTimestamp":1730262857,"startTime":"0","endTime":"0","summary":"Tsingtao Brewery's  net profit attributable to shareholders for the third quarter of the year dropped 9% year on year to 1.35 billion yuan or 0.989 yuan per share, according to a Hong Kong Stock Exchange filing on Tuesday.The Chinese beer maker's revenue was 8.89 billion yuan, sliding 5.3% from the preceding year, the filing said.The company's Hong Kong shares dropped more than 4% and Shanghai shares fell more than 2% in recent trade.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["600600","00168"],"gpt_icon":0},{"id":"2475645288","title":"Is There An Opportunity With Tsingtao Brewery Company Limited's (HKG:168) 41% Undervaluation?","url":"https://stock-news.laohu8.com/highlight/detail?id=2475645288","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2475645288?lang=en_us&edition=fundamental","pubTime":"2024-10-16 06:01","pubTimestamp":1729029701,"startTime":"0","endTime":"0","summary":"Key Insights The projected fair value for Tsingtao Brewery is HK$93.48 based on 2 Stage Free Cash Flow to Equity...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/5111000-choice1-main-header/1585186810559","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/5111000-choice1-main-header/1585186810559"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/food-beverage-tobacco/hkg-168/tsingtao-brewery-shares/news/is-there-an-opportunity-with-tsingtao-brewery-company-limite","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK1510","BK1610","IE00BGV7N243.SGD","BK1180","BK1578","LU0572944931.SGD","LU0327786744.USD","FCF","TV","DCF","00168","BK4100","BK1604","BK4211"],"gpt_icon":0}],"pageSize":16,"totalPage":2,"pageCount":1,"totalSize":18}]}}