Kweichow Moutai stock today: Scam alert puts 600519 in focus before Shanghai open
Kweichow Moutai Class A shares closed at 1,376 yuan in Shanghai, down 0.43%, as the company warned of counterfeit links selling Feitian Moutai at 1,499 yuan. The liquor sector rose 0.74%, but major baijiu brands saw price drops, with Feitian Moutai’s wholesale price down 31% since early 2025. Moutai said it has not authorized any “enterprise direct supply” links and may take legal action.