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First increase in six years set to boost profits of world’s most valuable spirits producer
Baijiu maker ZJLD’s wobbly entry suggests the market’s hangover has yet to end
Industry was among first to benefit from country’s reopening but distributors struggle to offload inventory
Declining share prices stick in the throat
World’s most valuable distiller under pressure following accusations of links to graft
About $25bn wiped off company’s market value following accusation by People’s Daily division
Kweichow Moutai’s surge to a $260bn valuation makes it bigger than AB InBev, Diageo and Heineken combined
Heavy exposure to the premium sector is becoming a weakness
Chinese company defies stock market downturn and is now worth twice as much as UK’s Diageo
The liquor brand’s shares have jumped by more than 50% in 2019
Slowing growth at world’s largest liquor group reflects political concern over prices
Stocks traded on the mainland have tumbled 10.5% in October
Mandarins fret over luxury image of ‘people’s drink’
Shanghai exchange says forecast for Kweichow Maotai was overly optimistic
Beijing should let investors decide when they have had enough
Rice wine maker that shares name with president tracks drink’s return to favour
Leading makers of the Chinese liquor are enjoying increased market share and pricing power
There is more to alcohol in China than just baijiu
International Edition