light bite, slight bite
A Hink pink for a light red beverage could be "blush crush." In the world of wordplay, a Hink pink is a riddle where the answer is a pair of rhyming words that describe a specific object or concept. In this case, "blush" describes a light red color, and "crush" refers to a beverage, making "blush crush" a fitting Hink pink for a light red drink.
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pink drink
pink drink
pink drink
Pink drink
incredible, edible...
pink drink
Pink ring
pink drink
pink drink
If you meant "light red beverage," that's "pink drink." If not, the best I can come up with is "sky rye" or "azure liqueur."