For those who don't follow the China liquor market too closely, baijiu makers have been under pressure since the beginning of the year, when media first began reporting that their products...
- Thu
- Oct 3, 2013
- Updated: 4:04pm
Liang Guoxing, chairman of Silver Base Group Holdings, has left more questions than answers about the poor performance of one of the mainland's largest distributors of Chinese liquor.
The most popular Hollywood movies on the mainland are always about heists, with Fast Five reaping 67 million yuan (HK$82.45 million) at the box office in its first four days of...
Silver Base Group, a distributor of Wuliangye alcohol products on the mainland, is set to launch an initial public offering in Hong Kong to raise up to US$150 million, market sources said.
...Several toasts into a long dinner for visiting reporters, an official in the old steel town of Benxi is inspired to share a traditional saying from northeastern China: 'If you have liquor...
Silver Base Group, a distributor for mainland liquor conglomerate Wuliangye Group, is expected to report a 260 per cent increase in net profit to HK$400 million this year, taking advantage of...
Opinion
Diageo, the world's largest liquor company, plans to buy 43 per cent of a Chinese white spirit maker to enlarge its mainland production capacity and sales opportunities.
Updated at 8.00pm:
The state Quality Supervisory Bureau has found two thirds of the liquor sold in Beijing is not genuine, Beijing Youth Daily reported on Friday.
Distiller Yibin Wuliangye has become the mainland's most popular initial public offering, oversubscribed 146 times and tying up 155 billion yuan (about HK$144.15 billion).
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