Bottles of Moutai baijiu at the Kweichow Moutai distillery in Renhuai in Guizhou province on Thursday, August 19, 2017. Photo: EPA

World’s most valuable distiller is under regulatory spotlight in China after a backlash against Moutai’s plan to streamline liquor sales wiped out US$21 billion

  • Kweichow Moutai, China’s heavyweight blue chip, was urged by stock regulator to disclose more on possible related transactions
  • Market cap shrank by US$21 billion in three trading days as investors dumped shares while analysts downgraded the stock
Topic |   Kweichow Moutai

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Bottles of Moutai baijiu at the Kweichow Moutai distillery in Renhuai in Guizhou province on Thursday, August 19, 2017. Photo: EPA
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A bottling and packaging plant for Moutai, in Guizhou province. Photo: Zigor Aldama

Kweichow Moutai, the world’s most valuable liquor maker and Mao Zedong’s favourite tipple, has another milestone in its sights

  • Kweichow Moutai may soon become the first Chinese listed companies with a share price above 1,000 yuan
  • Analysts predicts the stock will rise further once the gateway is hit
Topic |   Kweichow Moutai

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A bottling and packaging plant for Moutai, in Guizhou province. Photo: Zigor Aldama
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