The investment bank, UBS Warburg, has upgraded the leading Chinese brewing group, Tsingtao, from “neutral” to “buy”. The bank’s decision stemmed partially from Tsingtao’s stated aim of turning around the loss-making breweries it has recently acquired.

UBS Warburg has also raised its 12-month target price on Tsingtao from HK$4.8 to HK$6.7.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

Discover the Impact