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Moutai saw its share price fall 4.5 percent on New Year's first trading day

Published On 07 Jan 2020 11:11 AM


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Kweichow Moutai (600519.CN), China's top liquor brand, saw its share price fall 4.5 percent on New Year's first trading day, despite a strong overall market, after the firm said its sales and earnings were expected to increase by about 15 percent in 2019.

Although 15 percent may not seem bad at all, Moutai investors have been disappointed to see much higher growth rates being used to them.

Moutai's revenue rose ....


Tags : Kweichow Moutai, ICBC , China Construction Bank , Ping An Insurance ,
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