KWEICHOW MOUTAI A
SSE or SZSE Delayed Price. Currency in CNY
|Number of Shares||1.26B|
|Company Name||KWEICHOW MOUTAI A|
|MSCI Security Code||28671.01|
|Industry Group||Food Beverage & Tobacco|
|Sub-Industry||Distillers & Vintners|
- Feb 6 , 2018
Kweichow Moutai Penalizes Rogue DealersKweichow Moutai Co., China's signature high-end Maotai liquor maker, issued its first big red flags this year, punishing 10 defaulting distributors. Among them, five were denied dealership contracts, Chinese liquor industry news portal Jiuyejia reported.
- Jan 31 , 2018
Moutai Sees Profit Soaring 58% for 2017 on Higher Liquor SalesKweichow Moutai Co., the world’s most valuable distiller, expects profit surged 58 percent last year because of increased sales of its sorghum-basedwhite spirit ‘baijiu,’ China’s favorite liquor brand.
- Jan 15 , 2018
Liquor Maker Moutai Becomes China’s First CNY1 Trillion Consumer BrandKweichow Moutai Co., the world’s most valuable liquor maker, has become China’s first consumer brand to reach a market capitalization of CNY1 trillion (154.8 billion) after its shares rose to a record today.
- Jan 9 , 2018
Kweichow Moutai Raises Price of Its Signature Spirit to USD230, Targets Middle-ClassIts units at all levels must sell its hallmark Feitian Moutai at CNY1,499 (USD231) per bottle, Chinese distiller Kweichow Moutai Co. said yesterday, adding it plans to up market supply before the Chinese Lunar New Year, or Spring Festival.
- Dec 29 , 2017
Kweichow Moutai Undergoes Major Upgrade, Will Not Up Production SoonPremium Chinese liquor maker Kweichow Moutai Co. [SHA:600519] has kicked off an extensive technical transformation to raise production by 6,600 tons of base liquor by late 2019.
- Dec 29 , 2017
Kweichow Moutai to Raise Factory Price of Its Flagship Product 18% Next YearChina’s leading liquor producer Kweichow Moutai Co. [SHA:600519] will raise the factory price of its most popular product by 18 percent next year, it said today. However, its Chairman Yuan Guoren appealed to the dealers, asking them not to add too much to the factory price to protect the interests of the consumers.
- Dec 19 , 2017
Liquor Maker Wuliangye Group May Hit 2020 Annual Sales Target Ahead of ScheduleAlcoholic beverage maker Wuliangye Group Co.’s business performance has beat expectations and the company will likely hit its 2020 annual sales target of CNY100 billion (USD15.12 billion) with CNY60 billion in liquor business ahead of schedule, Chairman Li Shuguang said.
- Dec 12 , 2017
Kweichow Moutai, Midea Make CCTV’s List of Top Ten A-Share Companies for Second Year RunningState-owned broadcaster CCTV released rankings of the top 10 A-share-listed companies at a finance forum held on Dec. 12, naming those with the highest investment value.
- Dec 7 , 2017
Xifeng Liquor Runs Into Trouble Ahead of IPO as Its Business Independence Is Affected by Dealers’ ShareholdingsXifeng Liquor, which used to be one of China’s four most famous liquor brands along with Kweichow Moutai Co. [SHA:600519], Shanxi Xinghuacun Fen Wine Factory Co. [SHA:600809], and Luzhou Laojiao CO. [SHE:000568], is planning to go public, but the firm has recently run into some trouble, finance.sina.com reported.
- Dec 7 , 2017
Chinese Liquor Maker Kweichow Moutai Plans USD538 Million Expansion to Meet Soaring DemandChinese Liquor Maker Kweichow Moutai Plans USD538 Million Expansion to Meet Soaring Demand
- Nov 29 , 2017
CICC Maintains Target Price of USD128.13 for Kweichow MoutaiChina International Capital Corp. [HK:3908] (CICC) maintained its Kweichow Moutai Co. [SHA:600519] target price for next year of USD128.13 (CNY845) per share.
- Nov 28 , 2017
Rising Price of Moutai Baijiu Opens Doors for Whisky Market, Diageo Executive SaysKweichow Moutai Co. [SHA:600519], which makes China’s currently most sought-after liquor, is opening up the market for other spirits producers as the price of its core products continues to rise, said Zhu Zhenhao, managing director at British alcohol giant Diageo Plc’s [LSE:DGE;NYSE:DEO] China division.
- Nov 17 , 2017
Market Value of China’s High-End Liquor Brand Kweichow Moutai Exceeds USD135 BlnThe share price of Kweichow Moutai Co. [SHA:600519], the Chinese high-end liquor producer, broke CNY700 per share (USD105.6) yesterday, hitting a new record high. As Kweichow Moutai shares rise, some investors are also making big fortunes. However, the investors of northbound trading through the Shanghai-Hong Kong Stock Connect program have started reducing their holdings in Kweichow Moutai.
- Nov 16 , 2017
Kweichow Moutai Makes History Yet Again in Early Morning TradingKweichow Moutai Co. [SHA:600519], the maker of a pricey liquor popular in China based in Southwest China’s Guizhou province, hit an epoch-making high again this morning that lofted the company's valuation beyond CNY880 billion (USD132.64 billion).
- Nov 15 , 2017
Goldman Sachs Ups Kweichow Moutai’s Target Ante to USD133 Per ShareGoldman Sachs Group Inc. [NYSE: GS] has raised the target price of Kweichow Moutai Co. [SHA:600519], the maker of pricey liquor popular in China, 11 times this year, per Bloomberg News, with the latest estimate now slinging it to USD132.79 (CNY881) per share.