Tsingtao Brewery to slow down acquisition paces

Management team of Tsingtao Brewery (0168) said the company will slow down acquisition paces so as to ¡§digest¡¨ the previously acquired breweries. The management team also said the company has no plan to place A shares in mainland in short terms. In February, the company raised RMB700mln by placing 100mln A shares.

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