花旗：预期中国啤酒消费将跟随休闲餐饮行业销售复苏，维持华润啤酒“买入”评级

Group 1 - Citigroup forecasts that China Resources Beer will achieve a core net profit between 5.1 billion to 5.3 billion yuan in 2025, which is 0% to 6% higher than the bank's previous estimates [1] - The consumption of beer in China is expected to follow the recovery of the leisure dining sector, as consumers show a preference for dining out [1] - Recent surveys by Citigroup on alcoholic beverages in China provide positive insights for the beer industry outlook in 2026 [1] Group 2 - China Resources Beer remains one of Citigroup's top "buy" stocks in the Chinese consumer sector, with a target price set at 38 Hong Kong dollars [1] - The order of preference in the industry remains unchanged, with China Resources Beer as the top choice, followed by Budweiser APAC and Qingdao Beer [1]