On June 30, Tsingtao Brewery (00168.HK) declined 3.19% in regular trading, trading at HK$43.18 per share, with turnover of HK$49.98 million. The decline coincides with the ex-dividend date for the company's final dividend for the fiscal year ended December 31, 2025.

The company declared a final ordinary dividend of RMB 2.35 per share (equivalent to HK$2.7 per share at an exchange rate of RMB 1 to HK$1.15). The proposal was approved at the annual general meeting held on June 26. The stock price adjustment on the ex-dividend date mechanically deducts the dividend amount, and the magnitude of the decline is broadly consistent with the HK$2.7 per share payout, representing a standard ex-dividend price adjustment rather than fundamental selling pressure. The dividend is scheduled for distribution on August 10.

Within the Brewers sector, the overall sector declined. Among individual stocks, BUD APAC down 4.08%, China Resources Beer down 3.46%, China Res Beer-R down 3.87%, San Miguel HK flat at 0%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)