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Business trends

AB InBev and Heineken set for bar brawl in China

Top brewers compete for dominance in mainland's premium beer market

A woman pours Budweiser beer at an international beer festival in Beijing. AB Inbev will list in Hong Kong as world's largest brewer vies for the top spot in China's premium beer market.   © Reuters

SHANGHAI/HONG KONG -- The world's top brewer Anheuser-Busch InBev is gearing up for a major push into the Chinese market by targeting high-end beer consumers -- a demographic also coveted by its biggest rival, Heineken.

To bankroll that endeavor, AB InBev will list its Asian business in Hong Kong as soon as this summer, in what could be this year's largest initial public offering in Asia.

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