News Snapshot:
China Resources Beer (OTCMKTS:CRHKY) was upgraded by Zacks Investment Research from a “sell†rating to a “hold†rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, “China Resources Enterprise, Limited is engaged in retail, beverage, food processing, distribution, and property investment businesses. The retail business of the Company includes the operation of supermarket and logistics, retail stores and other stores for the distribution of traditional Chinese arts and crafts products, antiques, luxury goods, nutritious products, pharmaceutical products and general merchandise. Its beverage business provides breweries and purified water. The company’s food processing and distribution...
