[ET Net News Agency, 28 February 2025] Nomura lowered the target price for Bud APAC
(01876) to HKD10.3 from HKD10.6 and maintained the "buy" rating.
The research house said it estimates Bud APAC's sales to grow 4% y-y in FY25F, driven by
stabilizing performance in China (from a low base) and continued momentum in South Korea
and India. (rc)