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 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

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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
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