Tsingtao Brewery Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SHSC:168 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Dec 24	BuyHK$67,241	JP Morgan Asset Management	Company	1,315	HK$51.13
09 Dec 24	BuyHK$13,265,335	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	259,423	HK$51.13
08 Nov 24	BuyHK$4,052,090	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	73,556	HK$55.09
08 Nov 24	BuyHK$614,347	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	11,152	HK$55.09
08 Nov 24	SellHK$14,271,778	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	259,070	HK$55.09
07 Nov 24	BuyHK$34,596,459	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	639,828	HK$54.07
04 Nov 24	BuyHK$102,089	JP Morgan Asset Management	Company	2,000	HK$51.04
04 Nov 24	BuyHK$204,179	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	4,000	HK$51.04
04 Nov 24	SellHK$23,475,051	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	459,892	HK$51.04
21 Oct 24	SellHK$70,116,442	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,312,263	HK$53.43
15 Oct 24	BuyHK$180,102,729	Fidelity International Ltd	Company	3,238,000	HK$55.62
14 Oct 24	SellHK$297,772,494	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	5,083,819	HK$58.57
08 Oct 24	BuyHK$220,759,457	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	3,801,315	HK$58.07
04 Oct 24	SellHK$106,691,925	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,630,971	HK$65.42
27 Sep 24	BuyHK$249,310,022	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	4,498,833	HK$55.42
24 Sep 24	SellHK$110,498,902	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	2,447,460	HK$45.15
13 Sep 24	BuyHK$392,044	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	9,518	HK$41.19
23 Aug 24	BuyHK$9,451,454	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	217,614	HK$43.43
26 Jul 24	BuyHK$4,190,283	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	90,000	HK$46.56
26 Jul 24	SellHK$838,057	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	18,000	HK$46.56
26 Jul 24	SellHK$50,010,004	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,074,128	HK$46.56
25 Jul 24	BuyHK$75,502,440	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,631,850	HK$46.27
04 Jul 24	SellHK$81,078,472	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,653,667	HK$49.03
02 Jul 24	BuyHK$97,116,448	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,933,362	HK$50.23
07 Jun 24	SellHK$199,406,664	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	3,579,035	HK$55.72
05 Jun 24	BuyHK$120,985,977	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	2,113,329	HK$57.25
31 May 24	SellHK$52,620,305	T. Rowe Price Group, Inc.	Company	946,000	HK$55.62
30 May 24	BuyHK$34,229,706	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	605,287	HK$56.55
30 May 24	SellHK$6,446,837	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	114,000	HK$56.55
24 May 24	BuyHK$56,903,625	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	950,750	HK$59.85
23 May 24	BuyHK$46,795,266	T. Rowe Price Group, Inc.	Company	774,000	HK$60.46
13 May 24	BuyHK$19,214,180	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	310,474	HK$61.89
09 May 24	SellHK$20,720,716	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	338,638	HK$61.19
06 May 24	BuyHK$108,584,200	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,787,100	HK$60.76
21 Feb 24	BuyHK$11,487,915	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	218,603	HK$52.55
21 Feb 24	SellHK$4,024,919	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	76,590	HK$52.55
14 Feb 24	SellHK$120,128,532	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	2,557,232	HK$46.98
23 Jan 24	SellHK$19,147,192	BlackRock, Inc.	Company	416,000	HK$46.03
22 Jan 24	BuyHK$70,210,404	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,599,599	HK$43.89
18 Jan 24	BuyHK$65,150,513	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	1,420,475	HK$45.87
15 Jan 24	SellHK$7,719,576	BlackRock, Inc.	Company	151,800	HK$50.85

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 168?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	843,034	0.0618%
General Public	391,376,341	28.7%
Private Companies	481,803,255	35.3%
Institutions	490,174,158	35.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 62.57% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
32.5%	Tsingtao Brewery Group Company Limited	443,467,655	HK$30.5b	0%	no data
2.81%	Hong Kong Xinhaisheng Investment Limited	38,335,600	HK$2.6b	0%	no data
2.74%	FMR LLC	37,412,625	HK$2.6b	13.1%	0.02%
2.44%	Fidelity International Ltd	33,222,053	HK$2.3b	2,800%	0.1%
2.36%	T. Rowe Price Group, Inc.	32,146,000	HK$2.2b	0%	0.02%
2.33%	BlackRock, Inc.	31,727,941	HK$2.2b	-4.17%	no data
2.19%	China Universal Asset Management Company Ltd.	29,865,030	HK$2.1b	0%	0.72%
2%	Capital Research and Management Company	27,257,000	HK$1.9b	0.04%	0.01%
1.97%	The Vanguard Group, Inc.	26,850,245	HK$1.8b	0.6%	no data
1.57%	Norges Bank Investment Management	21,368,341	HK$1.5b	0%	0.01%
1.2%	Yinhua Fund Management Co., Ltd.	16,379,569	HK$1.1b	0%	0.96%
1.17%	China Securities Finance Corp, Asset Management Arm	16,015,045	HK$1.1b	0%	0.2%
1.11%	E Fund Management Co., Ltd.	15,147,000	HK$1.0b	0%	0.17%
1.09%	Fullgoal Fund Management Co. Ltd.	14,887,463	HK$1.0b	0%	0.31%
0.77%	China Life Asset Management Company Limited	10,457,539	HK$719.5m	0%	0.84%
0.63%	China Merchants Fund Management Company Ltd.	8,547,192	HK$588.0m	0%	0.31%
0.51%	Macquarie Investment Management Business Trust	6,974,627	HK$479.8m	-12.5%	0.06%
0.45%	First Sentier Investors (Australia) IM Ltd	6,162,000	HK$423.9m	0%	0.12%
0.42%	Caisse de dépôt et placement du Québec	5,756,652	HK$396.0m	0%	0.04%
0.41%	Penghua Fund Management Co., Ltd.	5,648,062	HK$388.6m	0%	0.34%
0.41%	Allspring Global Investments, LLC	5,641,758	HK$388.1m	0.06%	0.06%
0.41%	Amundi Asset Management SAS	5,537,236	HK$381.0m	0.11%	0.01%
0.38%	Schroder Investment Management North America Inc.	5,178,000	HK$356.2m	17.1%	0.11%
0.35%	CCB Principal Asset Management Co., Ltd.	4,800,074	HK$330.2m	0%	0.78%
0.35%	Ninety One UK Limited	4,800,000	HK$330.2m	0%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 04:52
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tsingtao Brewery Company Limited is covered by 87 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Vineet Kulbandu Sharma	Barclays
Y. Chen	BNP Paribas Securities (Asia)
Sichao Chen	BOCI Research Ltd.