Analysts have lifted the average 12-month price target for Kweichow Moutai by 44 per cent from the end of last year to 1,096.28 yuan, according to Bloomberg. Photo: Simon Song Analysts have lifted the average 12-month price target for Kweichow Moutai by 44 per cent from the end of last year to 1,096.28 yuan, according to Bloomberg. Photo: Simon Song
Analysts have lifted the average 12-month price target for Kweichow Moutai by 44 per cent from the end of last year to 1,096.28 yuan, according to Bloomberg. Photo: Simon Song
Kweichow Moutai
Business /  China Business

Kweichow Moutai shares rise after world’s most valuable distiller allays investor concerns, limits dealings with affiliates

  • Company will cap such dealings to an amount equal to 5 per cent of its net asset value this year
  • Stock jumps by as much as 6 per cent after Citic Securities raises share price estimate

Topic |   Kweichow Moutai
Zhang Shidong
Zhang Shidong

Updated: 10:39pm, 12 Aug, 2019

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Analysts have lifted the average 12-month price target for Kweichow Moutai by 44 per cent from the end of last year to 1,096.28 yuan, according to Bloomberg. Photo: Simon Song Analysts have lifted the average 12-month price target for Kweichow Moutai by 44 per cent from the end of last year to 1,096.28 yuan, according to Bloomberg. Photo: Simon Song
Analysts have lifted the average 12-month price target for Kweichow Moutai by 44 per cent from the end of last year to 1,096.28 yuan, according to Bloomberg. Photo: Simon Song
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