Kweichow Moutai's 2024 performance has "initially submitted": annual growth exceeds 15%, and Moutai's base liquor has reduced production for the first time.

Response cycle.

wallstreetcn18:55 ET

Moutai liquor production cuts? Individuals close to Kweichow Moutai: last year's production remained within a normal and orderly Range | Quick read announcement.

In 2024, Kweichow Moutai plans to produce approximately 0.0563 million tons of Moutai liquor, a decrease of 1.58% year-on-year. Last year, increased marketing investments in the Moutai series of liquors and the higher proportion led to a decline in the company's overall net margin, which may have fallen below 50% last year, reaching the lowest level since 2018. Amid soft stock prices, Kweichow Moutai officially initiated a buyback, with nearly 0.3 billion yuan repurchased on the first day.

cls.cnJan 2 08:42 ET

The city's duty-free shops are making progress as Wangfujing Group collaborates with Wushang Group to establish a presence in Wuhan | Quick announcement.

① The city’s duty-free shops have made progress, with Wuhan's first city duty-free store to be jointly operated by Wangfujing Group and Wushang Group. ② Looking at Wangfujing Group's Earnings Reports, despite the pressure on revenue, the duty-free industry is experiencing significant growth, but its limited scale restricts its effect on overall revenue.

cls.cnDec 26, 2024 10:11 ET

After the Assets surpassed 100 billion, the "Baijiu" sector Yibin city commercial bank is making its third attempt at an IPO on the Hong Kong Stock Exchange.

The third "Baijiu(Chinese Liquor) system" bank in the Hong Kong stock market?

wallstreetcnDec 19, 2024 10:28 ET

Last night, china assets went "crazy."

Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.

wallstreetcnDec 9, 2024 19:27 ET

Kweichow Moutai USA Investor Exchange Conference held in New York.

① Kweichow Moutai held a meeting for USA investors on December 4th in New York, attended by party committee member Jiang Yan, who engaged with over ten international renowned institutional investors. ② During the meeting, Jiang Yan introduced the history, craftsmanship, environment, brand influence, and performance in the capital markets of Moutai, emphasizing the importance Moutai places on investor interests and its concept of sustainable development.

cls.cnDec 6, 2024 08:20 ET