Kweichow Moutai
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Kweichow Moutai

Kweichow Moutai
Kweichow Moutai
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.
This photo shows a general view of screens diplaying financial market movements at the new building of the Shanghai Stock Exchange in Shanghai on April 25, 2025. (Photo by Hector RETAMAL / AFP)
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First-half revenue and profit at China’s second-largest liquor distiller grew at the smallest pace since 2015.

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Liquor bottles from Wuliangye Yibin are displayed at the the China International Fair for Trade in Services in Beijing last September. Photo: VCG via Getty Images
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Cambricon tops Moutai as China’s costliest stock as chips beat liquor

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China's economic recovery

China tried to cut lavish spending. Now some officials fear ordering coffee

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Illustration: Lau Ka-kuen
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Moutai, one of China’s most popular liquor brands, is being put in a difficult position by rules limiting extravagant spending by officials. Photo: Getty
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Moutai, one of China’s most popular liquor brands, is being put in a difficult position by rules limiting extravagant spending by officials. Photo: Xinhua
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Kweichow Moutai will launch its first-ever stock repurchase plan, as it seeks to prop up its shares amid tepid spending on the mainland.

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UBS downgrades Kweichow Moutai, others in sobering comedown for China distillers

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People visit the booth of Kweichow Moutai, China’s leading liquor brand, at the fourth China International Consumer Products Expo (CICPE) in Haikou, capital city of south China’s Hainan Province, April 15, 2024. Photo: Xinhua
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China stock market

Dampened spirits: Kweichow Moutai’s liquor prices hit by weak consumer spending

The average wholesale price of Flying Fairy, the flagship product of Kweichow Moutai, has fallen 8 per cent in the past two months to below US$330 per bottle.

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The top brands on the list include liquor distillers Kwei­chow Moutai (pictured) and Wuliangye Yibin. Photo: Simon Song
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People pass beneath a large screen showing the latest stock exchange and economy data in Shanghai on October 20, 2023. Photo: EPA-EFE
China stock market

Kweichow Moutai’s sell-off augurs a rebound for China’s stock market: analysts

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Chinese culture

Opinion | Mao-tai latte shows how to keep Chinese culture modern and relevant

Rather than just Kweichow Moutai’s latest sales gimmick, the Mao-tai-infused coffee could be the start of a cultural renewal that China badly needs. A cultural renewal can help increase China’s appeal to both its own people and the outside world, and this must start from within.

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China stock market

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The Tencent headquarters in Shenzhen. The firm’s stock slumped by 14 per cent in the second quarter. Photo: Bloomberg
China stock market

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A large screen displays stock figures in Shanghai’s Lujiazui financial district. Photo: Bloomberg
China stock market

Kweichow Moutai owners eye new highs for shares after hefty buy-backs

The controlling shareholders of Kweichow Moutai, have spent 1.75 billion yuan (US$242.2 million) on share buy-backs which they say reflected confidence in the company’s growth outlook and investment value even as analysts predict a hefty upside for the shares.

IPO

Baijiu distiller eyes up to US$811 million in biggest Hong Kong IPO of year

ZJLD Group on Monday started selling up to 490.7 million shares at a price range of HK$10.78 to HK$12.98, giving international investors additional access to a growing market amid China’s consumption recovery.

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