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Official statement! "Confident to cross this cycle" Has the stock price of Kweichow Moutai (600519.SH) hit the bottom?
According to the Zhitong finance and economics App, on June 30th, Maotai Group's deputy secretary of the party committee and general manager Wang Li led a team to Shanghai, Zhejiang, Jiangsu, Beijing and other places to carry out market research. On June 28th and 30th, market work meetings were held in Nanjing and Beijing for Jiangsu, Shanghai, Anhui, Beijing-Tianjin-Hebei, Inner Mongolia, Heilongjiang and Liaoning provinces and cities. The meeting pointed out that the basic properties of Maotai liquor have not changed and the basic demand has not changed. In the past few decades, the baijiu industry has experienced several rounds of adjustments, and Maotai has smoothly crossed the cycles with strong determination and strength, and has achieved better development. Compared with the past, although the current situation is more
Declining Stock and Solid Fundamentals: Is The Market Wrong About Kweichow Moutai Co., Ltd. (SHSE:600519)?
It is hard to get excited after looking at Kweichow Moutai's (SHSE:600519) recent performance, when its stock has declined 14% over the past three months. However, stock prices are usually driven by
Moutai's Wholesale Prices May Stabilize After June Volatility -- Market Talk
0715 GMT - Kweichow Moutai's wholesale product prices may stabilize after a volatile June, Citi analysts Xiaopo Wei and Vincent Young say in a research note. The Chinese liquor maker has taken steps t
South-North Waterway | Continuous four-day reduction! Nanshui net sold A shares of 10.958 billion yuan, while Kweichow Moutai received an additional position of over 400 million yuan.
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Kweichow Moutai's 2024 Profit Outlook Remains Intact -- Market Talk
0457 GMT - Kweichow Moutai's 2024 profit outlook remains intact despite declines in its wholesale prices, as the wholesale and retail price drops have mainly affected the secondary market, Morningstar
Moutai Likely to Ramp Up Efforts to Stabilize Wholesale Prices -- Market Talk
0326 GMT - Possible measures by Kweichow Moutai to stabilize wholesale prices could boost investor confidence and support the stock price, Citi analysts Xiaopo Wei and Vincent Young say in a note. The
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