Moutai shares surge after it hikes price of flagship liquor
An ex-factory cost jump prompts Goldman Sachs to upgrade its earnings outlook for China’s top ‘baijiu’ maker.
With demand under pressure from Beijing's anti-graft campaign, Kweichow Moutai is betting on Feitian repricing and direct-to-consumer expansion to revive growth. Image: Getty Images
With demand under pressure from Beijing's anti-graft campaign, Kweichow Moutai is betting on Feitian repricing and direct-to-consumer expansion to revive growth. Image: Getty Images