Liquor king Kweichow Moutai pours confidence back into shaken investors

//Liquor king Kweichow Moutai pours confidence back into shaken investors

Liquor king Kweichow Moutai pours confidence back into shaken investors

Kweichow Moutai – the world’s most valuable alcohol maker that recently found itself in the hot seat over a controversial change in its sales distribution model – appears to have regained the confidence of many of its investors on the back of its largest-ever shareholder meeting.Its fiery rice liquor is hugely popular in China, and was used by the late Chinese leaders Mao Zedong and Zhou Enlai to toast guests at state banquets, including US president Ronald Reagan. Its flagship Feitian Mao-tai,…

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By | 2019-06-02T04:30:12+00:00 June 2nd, 2019|Business|Comments Off on Liquor king Kweichow Moutai pours confidence back into shaken investors