＜Research＞M Stanley Views Olympics as Shr Price Catalyst for BUD APAC (01876.HK); Rating Overweight

　　The Olympics, held every 4 years, will be held in France from 26 July to 11 August 2024, with most of the events taking place in the evening on East Asia time, given the time difference, Morgan Stanley released a research report saying.

　　Morgan Stanley believed that this could lead to more social gatherings, especially stimulating beer consumption in the nightlife channel during the summer season, which is estimated to be favorable to BUD APAC (01876.HK) +0.260 (+2.610%) Short selling $12.61M; Ratio 29.581% 's average product price and profitability, and providing positive support to the share price. The probability of a positive outcome for the share price was 80%.

　　Morgan Stanley regarded the Olympics as a catalyst for BUD APAC's share price, and rated the stock at Overweight, with a target price of $16.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-17 16:25.)