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Kweichow Moutai
Investing ideas
Valuing vice stocks
The highest-scoring company in both tables is Shenzhen-listed Wuliangye Yibin, which manufactures and markets liquor.
June 27, 2024
Results
Alibaba posts lowest growth on record after China crackdown
Liquor maker Kweichow Moutai Co is now worth more than Alibaba.
February 24, 2022
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.
March 12, 2021
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.
October 09, 2020
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).
June 22, 2020
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
November 15, 2019
China Focus
After sudden rout, China stock traders question Beijing put
SHANGHAI/HONG KONG (Nov 24): What happened to Beijing put?
November 24, 2017
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.
April 10, 2017
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.
October 17, 2016