Harbin Brewery has applied to allow trade in its shares to resume. The Chinese brewer made the application to the Hong Kong Stock Exchange today, after trade was suspended yesterday as SABMiller announced that it would not be making an improved offer to beat Anheuser-Busch's takeover bid for Harbin.

"The board welcomes the withdrawal of the SABMiller offer as announced in the SABMiller announcement," Harbin Brewery said in a statement. "The board fully supports the Anheuser-Busch offer, acceptance of which it intends to recommend to shareholders."

Anheuser-Busch emerged victorious from its bidding war with SABMiller for Harbin yesterday, when SABMiller said that it will not proceed with its voluntary offer of HK$4.30 for shares in Harbin Brewery. SABMiller said that it will accept the offer of HK$5.58 that Anheuser-Busch announced it will be making for shares in Harbin Brewery.