Kweichow Moutai

Investing ideas

Valuing vice stocks

The highest-scoring company in both tables is Shenzhen-listed Wuliangye Yibin, which manufactures and markets liquor.

Results

Alibaba posts lowest growth on record after China crackdown

Liquor maker Kweichow Moutai Co is now worth more than Alibaba.
AEI pivots from aluminium making  to alcohol distribution - THE EDGE SINGAPORE

Corporate moves

AEI pivots from aluminium making to alcohol distribution

Aluminum products manufacturer AEI is now pivoting into the liquor business, in a bid to enhance profitability. Find out more.
UBS-AM stays vested on China and Asia on post-lockdown recovery and favourable trends - THE EDGE SINGAPORE

Fund Watch by The Edge

UBS-AM stays vested on China and Asia on post-lockdown recovery and favourable trends

Chinese equities, which have outperformed the US and European markets year-to-date, remain favoured by UBS Asset Management.

Contracts

Zhongmin Baihui to purchase $23.7 mil worth of distilled wine from Kweichow Moutai Group

Zhongmin Baihui Retail Group, a Singapore-listed operator of department stores in China, announced that it has signed a direct sales agreement with a unit of Kweichow Moutai Group worth RMB120 million (S$23.7 million).

Global review

Tembusu's white liquor investment in Guizhou a stepping stone to wider opportunities

(Nov 18): As a teetotaller, Lim Hwee Hua is deemed by her partners in China as the best person to be in a joint venture (JV) with — to fund the growth of the “baijiu” (white liquor) industry of Guizhou province, home to numerous such producers but w

China Focus

After sudden rout, China stock traders question Beijing put

SHANGHAI/HONG KONG (Nov 24): What happened to Beijing put?

China Focus

Casinos, booze and watches: China's vice stocks are back

HONG KONG (April 10): Industries that suffered under President Xi Jinping’s anti-corruption campaign are thriving again.

Column

ThaiBev’s tipsy valuation: Bloomberg gadfly

(Oct 17): Here's an anomaly: The third-largest company in the world's biggest Buddhist-majority country is ThaiBev, which makes its money selling rum and beer to a population whose religious texts exhort them to abstain from alcohol.
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