Moutai Leads Surge in Chinese Baijiu Shares on Holiday Demand
A Kweichow Moutai store in Shanghai.
Photographer: Qilai Shen/BloombergKweichow Moutai Co. shares surged the most in more than a year amid optimism over growing demand for the Chinese distiller ahead of the Lunar New Year holidays.
The stock advanced 8.6%, the most since September 2024. Other distillers also gained, with Wuliangye Yibin Co., Luzhou Laojiao Co., Shede Spirits Co. and Shanxi Xinghuacun Fen Wine Factory Co. all rising by the 10% daily limit.