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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.
The Wuliangye Group share purchase follows a prolonged downturn in China’s baijiu sector. Photo: Getty Images
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Spirits rise as baijiu shares rally on Lunar New Year demand

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China consumption

Horse power: brands in China seek sales boost with Lunar New Year items

Distiller Kweichow Moutai among the companies launching limited-run Year of the Horse products to jolt revenues during the festive season.

Distiller Kweichow Moutai has released a limited promotional line of liquor commemorating the Year of the Horse. Photo: Kweichow Moutai/Handout
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China stocks recover from early losses on cautious PBOC policy tone

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Cambricon last week replaced liquor distiller Kweichow Moutai as the most expensive stock in China. Photo: CFOTO/Future Publishing via Getty Images
Accounting and auditing

Wuliangye Yibin’s profit slump mirrors rival Kweichow Moutai’s woes

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
China stock market

Cambricon tops Moutai as China’s costliest stock as chips beat liquor

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Illustration: Lau Ka-kuen
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Shares in distiller Kweichow Moutai, a brand synonymous with lavish banquets, fell more than 6 per cent over the past month. Photo: Getty Images
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Gen Z’s ‘emotional consumption’ fuels surge in consumer stocks like Pop Mart

Shares of Pop Mart, the Chinese toymaker that owns Labubu, have surged almost 600 per cent over the past year in Hong Kong.

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From EU eyeing impact of Washington-Beijing trade talks to austerity trimming profits at China’s top baijiu maker, here’s a round-up from today’s coverage.

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China consumption

China’s top baijiu maker faces sobering reality as austerity trims profits

Guidelines restricting spending by officials are trimming profits for one of China’s strongest brands – but there’s little the company can do.

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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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China stock market

Kweichow Moutai to launch stock buyback plan amid weak spending in China

Kweichow Moutai will launch its first-ever stock repurchase plan, as it seeks to prop up its shares amid tepid spending on the mainland.

China stock market

Why China’s 220 million retail investors are shying away from the stock market

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China stock market

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

An intensifying demand-supply mismatch is set to crimp earnings in the world’s biggest spirits market, according to Swiss investment bank UBS.

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
Food and Drinks

Makers of baijiu, fiery Chinese spirit, refine it for Western palates

Producers of China’s favourite spirit, baijiu, are looking at cracking overseas markets by using influencers and social media advertising, tweaking its flavour and trying it out in cocktails.

A cocktail containing baijiu sold at Manhatta in New York. Makers of China’s favourite spirit are looking at cracking overseas markets, using influencers and social media advertising, tweaking its flavour and trying it out in cocktails. Photo: Reuters
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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China economy

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