CHINARES BEER-R's stock surged 6.97% during Tuesday's intraday trading session, driven by positive analyst sentiment following the release of strong financial results for 2025 and an upward revision of its target price.

The rally was primarily fueled by a Citi research report which revealed that the company achieved a core net profit of RMB 5.724 billion in 2025, representing a significant 20% year-on-year increase that exceeded the bank's forecast by 11%. Citi raised its target price for the stock from HK$38 to HK$39.8, reaffirmed its "Buy" rating, and named it the preferred choice in the Chinese beer sector. The bank cited robust performance in the beer business during the second half of 2025, with beer EBIT and EBITDA growing by 2.4 times and 44% year-on-year, respectively.

Additionally, management has observed a gradual recovery in China's mass dining channels and expects this positive trend to continue into the peak beer consumption season. Citi forecasts year-on-year growth in beer sales volume and average selling price for 2026, with plans to enhance shareholder returns by increasing the dividend payout ratio. While Morgan Stanley adjusted its target price slightly downward, it maintained an "Overweight" rating and a constructive outlook for 2026, noting positive growth in both beer sales volume and average selling price in the first two months of the year.