Bud Light: Brewer Plans Slimmed-Down IPO in Hong Kong

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Bud Light: Brewer Plans Slimmed-Down IPO in Hong Kong
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Budweiser Brewing is taking another crack at a Hong Kong IPO, though its plans have been watered down

Just two months after calling off a blockbuster listing, Anheuser-Busch InBev is shopping around a smaller $5 billion offer of its Asia unit

As global beer sales have stalled, major brewers such as AB InBev and Carlsberg are flocking to China. WSJ’s Steven Russolillo in Hong Kong tests their strategies, sipping the beers specially crafted to win over Chinese drinkers. Photo composite: Sharon Shi. Video: Clément Bürge

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