The company’s flagship product Feitian Moutai has been on a downward trend this year, with the wholesale price of 2024 bottles in their original packaging dropping 20% since January.
Kweichow Moutai Co.’s wholesale price extended a slump this year during China’s peak holiday season, as sustained weak demand prompted the liquor maker to buy back its shares for the first time ever.
Chinese liquor giant Kweichow Moutai will launch its first-ever stock repurchase programme, as it seeks to prop up its shares amid tepid consumer spending on the mainland. The company, based in ...
SHARES of Kweichow Moutai were set for their biggest-ever fall in trading for the day before the Mid-Autumn festival as China’s sluggish economy dented demand for its liquor and other premium goods.
China Demand Slump Weighs on Moutai in Trade Before Fall Holiday Shares slumped 25% this year, set for worst period since 2013 Sales in spotlight for Mid-Autumn and Golden Week festivals ...
DALIAN, China -- The price of China's top shelf baijiu liquor produced by Kweichow Moutai has dropped by more than 20% over the past several months, suggesting economic woes among the wealthy.
Mushroom coffee might sound unappetizing. But this trendy drink isn’t as odd as it sounds. It actually tastes pretty similar to regular coffee. Some say this unusual beverage has many health ...
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