Kweichow Moutai is always one of the most heavily traded stocks on the trading link between Hong Kong and mainland China. Photo: Simon Song Kweichow Moutai is always one of the most heavily traded stocks on the trading link between Hong Kong and mainland China. Photo: Simon Song
Kweichow Moutai is always one of the most heavily traded stocks on the trading link between Hong Kong and mainland China. Photo: Simon Song
Stocks
Business /  Markets

As Kweichow Moutai’s huge run-up leaves investors giddy, sobering signs suggest the party could be coming to an end

  • Kweichow Moutai’s rapid run-up takes the stock to the biggest-ever premium to the price target set by analysts
  • US research firm Morningstar says the stock is richly valued and sets a price target that implies a 34 per cent drop from the current level

Topic |   Stocks
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 7:08am, 8 Jun, 2020

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Kweichow Moutai is always one of the most heavily traded stocks on the trading link between Hong Kong and mainland China. Photo: Simon Song Kweichow Moutai is always one of the most heavily traded stocks on the trading link between Hong Kong and mainland China. Photo: Simon Song
Kweichow Moutai is always one of the most heavily traded stocks on the trading link between Hong Kong and mainland China. Photo: Simon Song
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