Kweichow Moutai brand of liquor on display at a store in Shanghai, China. The baijiu distiller and its rival Wuliangye Yibin are among the top five most researched and preferred stocks by analysts and investors in mainland China. Photo: Handout
China’s market-beating liquor stocks fancied by money managers keep others wary of valuation, investing blunders
- Kweichow Moutai and Wuliangye Yibin are among the most-researched and preferred stocks, more valuable than the next five biggest European peers combined
- Their fiery rallies are keeping money managers in jubilant mood, others wary of potential sell-off as valuation soars
Kweichow Moutai brand of liquor on display at a store in Shanghai, China. The baijiu distiller and its rival Wuliangye Yibin are among the top five most researched and preferred stocks by analysts and investors in mainland China. Photo: Handout
