China Resources Beer
China Resources Beer is a subsidiary of China [Resources Holdings]. Its assets include a 51% share in CR Snow, the largest brewing company in China and a joint venture with SAB Miller.
Background
The company was previously part of China Resources Enterprise before it sold its non-beer business to China Resources Holdings and rebranded to China Resources Beer in September 2015.It is a Hang Seng Index Constituent Stock and is Hang Seng China-Affiliated Corporations Index Constitute Stock in the Hong Kong stock market.