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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