Alcohol Sector

Alcohol Sector

Postby winston » Sat Aug 21, 2021 5:24 am

No shelter for traders as speculation mounts that China’s regulatory storm is heading for baijiu distillers next

Kweichow Moutai tumbles 4.4 per cent, while rival Wuliangye Yibin sinks 7.3 per cent

Government notice saying the State Administration for Market Regulation had summoned baijiu distillers for a meeting on Friday stokes rumours

Source: SCMP

https://www.scmp.com/business/companies ... tory-storm
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