Assembly workers at Moutai’s factory in Guizhou province. Photo: BloombergAssembly workers at Moutai’s factory in Guizhou province. Photo: Bloomberg
Assembly workers at Moutai’s factory in Guizhou province. Photo: Bloomberg

Kweichow Moutai shares plunge as drinkers turn their backs on world’s most valuable liquor distillery

  • Third-quarter profit growth for Kweichow Moutai slowed to 2.7 per cent, the worst performance in nine quarters
  • Moutai has lost 314.2 billion yuan in value since June, more than the 2017 economy of its home city Zunyi

Topic |   China stock market: Latest news and updates
Assembly workers at Moutai’s factory in Guizhou province. Photo: BloombergAssembly workers at Moutai’s factory in Guizhou province. Photo: Bloomberg
Assembly workers at Moutai’s factory in Guizhou province. Photo: Bloomberg
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