Chongqing Brewery Hits Day High with Strong 4.29% Intraday Surge

Chongqing Brewery Co., Ltd. has shown significant activity today, gaining 4.29% on June 10, 2026, and reaching an intraday high of CNY 50.80. This performance stands in contrast to the China Shanghai Composite, which experienced a slight decline of 0.42% on the same day. Despite today's gains, Chongqing Brewery's longer-term performance reveals a more complex picture. Over the past year, the stock has underperformed the market, with a return of just 1.98% compared to the China Shanghai Composite's impressive 22.49%. The company has faced challenges, reporting negative results for six consecutive quarters, and its profits have decreased by 21.3% over the last year. Financial metrics indicate a high valuation, with a Price to Book ratio of 16.17 and a Return on Equity of 134.65%. Additionally, the company has a notable dividend yield of 4.39%. However, it has also seen a significant increase in raw material costs, which have risen by 102.54% year-over-year. As a large-cap player in the beverages industry, Chongqing Brewery continues to navigate a challenging market landscape.