Moutai rises to new peak on Q1 figures
By Cai Xiao in Beijing and Yang Jun in Guiyang | China Daily | Updated: 2017-04-15 07:30
Leading liquor producer posts hefty first-quarter gains in production, sales
The share price of leading Chinese liquor producer Kweichow Moutai Co Ltd reached a new high during intraday trading on Friday, boosted by its pleasing business performance in the first quarter of the year.
The share price of Kweichow Moutai, listed on the Shanghai Stock Exchange, rose to the highest point of 399.88 yuan ($58.18) on Friday before profit takers moved in and it closed at 395.5 yuan, for a 0.7 percent retreat on its Thursday close.
Photo
