【出版时间及名称】：2009年11月中国啤酒行业研究报告
        【作者】：韩国MIRAE ASSET
        【文件格式】：pdf
        【页数】：35
        【目录或简介】：
CONTENTS
Executive summary 2
Valuation 4
Industry consolidation has been underway 7
Cost control and product price management 9
Emerging pricing power 10
Various states of corporate development 11
Scope for sector profitability to improve 12
Company write-ups:
- China Resources Enterprise (291 HK, BUY): A new star in the sector 13
- Tsingtao Brewery (0168 HK, Initiating Coverage with BUY): The passion of a century 16
- Beijing Yanjing Brewery (000729 CH, NR) 29
- Chongqing Brewery (600132 CH, NR) 30
- Kingway Brewery (0124 HK, NR) 31
Appendix: Investment risks 32
Analyst team profile 33