A famous Chinese liquor known for being consumed by former Presidents Richard Nixon and Barack Obama during visits to the country sold for over $1 million at an auction in London. The auction: ...
Kweichow Moutai Co. has lost its spot as China’s most valuable onshore stock to Industrial and Commercial Bank of China Ltd., as the baijiu maker grapples with tumbling wholesale prices. A near 15% ...
China stocks fell to a two-week low as liquor juggernaut Kweichow Moutai’s lacklustre third-quarter earnings weighed on consumer stocks while top cadres of the Communist Party gather in Beijing for a ...
Kweichow Moutai exports should jump by 15% this year, the Chinese baijiu producer has said as it launched its first marketing initiative in Africa.