Kweichow Moutai stock: Why the Class A share slipped after a surge — and what to watch next week
Kweichow Moutai Class A shares closed at 1,401 yuan in Shanghai on Jan. 30, down 2.55% after an 8.61% surge the previous day. Wholesale prices for Feitian Moutai rose to 1,710 yuan per bottle, with retail quotes in Chengdu hitting 1,860 yuan amid pre–Lunar New Year demand. The company denied involvement in a SpaceX funding round. Moutai flagged 426 million “abnormal” actions on its direct sales app since Jan. 1.