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Baijiu is a liquor (the word means white liquor) distilled in China that is sought after for official banquets and for gifts. Kweichow Moutai is probably the best known baijiu. Sales of the potent white spirit have risen in recent years, powered by a boom in the luxury market in China.
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- Wens Foodstuff Group A, Contemporary A and Shenzhen Mindray A will be added to the MSCI China A Onshore Index
Moutai’s new chairman Li Baofang is unravelling many of his predecessor’s policies, including the creation of a unit to sell its namesake liquor to customers. The move caused a backlash, causing the Shanghai exchange to send a midnight inquiry
Moutai’s new chairman Li Baofang is unravelling many of his predecessor’s policies, including the creation of a unit to sell its namesake liquor to customers. The move caused a backlash, causing the Shanghai exchange to send a midnight inquiry
Kweichou Moutai may soon become the first Chinese listed companies with a share price above 1,000 yuan
Kweichou Moutai may soon become the first Chinese listed companies with a share price above 1,000 yuan
Shanghai is up 30 per cent for year, while Shenzhen has shot up nearly 40 per cent.
Shanghai is up 30 per cent for year, while Shenzhen has shot up nearly 40 per cent.
Rarefied world of top Burgundy collectors were watching this auction ‘with bated breath’.
Rarefied world of top Burgundy collectors were watching this auction ‘with bated breath’.
Producers are hoping that ‘baijiu’, China’s most popular wine, can be a hit in other countries
Producers are hoping that ‘baijiu’, China’s most popular wine, can be a hit in other countries
We breach a cordon of Chinese soldiers to learn the secrets of Kweichou Moutai, top producer of China’s most famous liquor, and learn of ambitions to put it on a par with whisky and vodka and make it a symbol of Chinese culture.
We breach a cordon of Chinese soldiers to learn the secrets of Kweichou Moutai, top producer of China’s most famous liquor, and learn of ambitions to put it on a par with whisky and vodka and make it a symbol of Chinese culture.
Shares in maker of fiery liquor drop below its 200-day moving average price for the first time since February 2016
Shares in maker of fiery liquor drop below its 200-day moving average price for the first time since February 2016
Kweichow Moutai, China’s biggest liquor producer by market value, has announced it will invest 8.79 million euros (HK$91.4 million) in real estate in Paris to help expand its business in Europe.
Kweichow Moutai, China’s biggest liquor producer by market value, has announced it will invest 8.79 million euros (HK$91.4 million) in real estate in Paris to help expand its business in Europe.
The two firms admitted on their official websites earlier that they had violated antimonopoly laws by charging penalties to distributors who sold their baijiu alcohol products at lower prices than the producers had required.
The two firms admitted on their official websites earlier that they had violated antimonopoly laws by charging penalties to distributors who sold their baijiu alcohol products at lower prices than the producers had required.
Kong Guoqing blames the vanished Kweichow Moutai sales on incoming president Xi Jinping's crackdown on extravagant spending by officials: Kweichow Moutai's sorghum spirit can fetch US$300 a bottle - about half the average monthly disposable income in the financial hub.
Kong Guoqing blames the vanished Kweichow Moutai sales on incoming president Xi Jinping's crackdown on extravagant spending by officials: Kweichow Moutai's sorghum spirit can fetch US$300 a bottle - about half the average monthly disposable income in the financial hub.
Spirits, and prices of spirits, are low for many local and foreign alcoholic beverage companies with operations on the mainland after a challenging year marked by depressed demand as a result of restrictions on lavish spending at official banquets.
Spirits, and prices of spirits, are low for many local and foreign alcoholic beverage companies with operations on the mainland after a challenging year marked by depressed demand as a result of restrictions on lavish spending at official banquets.