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Kweichow Moutai Co Ltd (600519.SS)

600519.SS on Shanghai Stock Exchange

19 Nov 2018
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¥9.02 (+1.61%)
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Mon, Oct 29 2018

China shares slide as profits weaken; liquor makers on the rocks

SHANGHAI, Oct 29 China shares fell on Monday as cooling demand ate into profits for industrial and consumer firms, adding to investors' concerns about the slowing economy.

China liquor giant Moutai sees profits squeezed, shares drop

SHANGHAI, Oct 29 Chinese luxury liquor maker Kweichow Moutai Co Ltd, a bellwether for the country's big spenders, posted its weakest quarterly profit growth since 2015, sending its share tumbling on Monday.

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