My cardiologist and diabetes doctors did not forbid me from drinking beer. I am therefore endorsing Tsingtao Brewery Company (TSGTY) (TSGTF) as a buy. Tsingtao Brewery is a good bet on the growing $522.23 billion/year global beer industry. People spend around $70.18/year on their favorite beers. Fortune Insights expects the beer industry to grow to a $962.39 billion/year industry by 2026.
(Source: Tsingtao Brewery)
Tsingtao Brewery’s stock has lower valuation ratios than China Resources Beer Holdings (CRHKY). TSGTY or TSGTF is therefore the more affordable bet on China’s growing