Kweichow Moutai, the stock with the biggest weighting on the Shanghai Composite Index, tumbled 4.4 per cent on Friday. Photo: Simon Song
Kweichow Moutai, the stock with the biggest weighting on the Shanghai Composite Index, tumbled 4.4 per cent on Friday. Photo: Simon Song
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No shelter for traders as speculation mounts that China’s regulatory storm is heading for baijiu distillers next

  • Kweichow Moutai tumbles 4.4 per cent, while rival Wuliangye Yibin sinks 7.3 per cent
  • Government notice saying the State Administration for Market Regulation had summoned baijiu distillers for a meeting on Friday stokes rumours

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Kweichow Moutai, the stock with the biggest weighting on the Shanghai Composite Index, tumbled 4.4 per cent on Friday. Photo: Simon Song
Kweichow Moutai, the stock with the biggest weighting on the Shanghai Composite Index, tumbled 4.4 per cent on Friday. Photo: Simon Song
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