People cross the street beneath a jumbo screen showing the latest stock and currency exchange data in Shanghai on October 8, 2020. Photo: EPA-EFE
People cross the street beneath a jumbo screen showing the latest stock and currency exchange data in Shanghai on October 8, 2020. Photo: EPA-EFE

China stocks slide to two-week low as Kweichow Moutai’s disappointing earnings set bearish tone

  • Kweichow Moutai leads decline in liquor makers after reporting weaker-than-consensus third-quarter earnings; rival Wuliangye Yibin slips in tandem
  • Hangzhou Hikvision’s results beat expectations, providing support for security-related stocks

People cross the street beneath a jumbo screen showing the latest stock and currency exchange data in Shanghai on October 8, 2020. Photo: EPA-EFE
People cross the street beneath a jumbo screen showing the latest stock and currency exchange data in Shanghai on October 8, 2020. Photo: EPA-EFE
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