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Kweichow Moutai Co Ltd (600519.SS)

600519.SS on Shanghai Stock Exchange

742.50CNY
23 Feb 2018
Change (% chg)

¥0.05 (+0.01%)
Prev Close
¥742.45
Open
¥747.00
Day's High
¥756.56
Day's Low
¥737.00
Volume
3,815,877
Avg. Vol
5,664,280
52-wk High
¥799.06
52-wk Low
¥353.58

Latest Key Developments (Source: Significant Developments)

Chinese Energy Bought Kweichow Moutai Co Shares For Between RMB780 & RMB785 Per Share​ On Jan 10
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Chinese Energy Holdings Ltd <8009.HK>::CO ACQUIRED ON-MARKET SHARES OF KWEICHOW MOUTAI CO ON 10 JAN FOR PRICE BETWEEN RMB780 AND RMB785 PER SHARE​.KWEICHOW MOUTAI CO SHARES BOUGHT FOR TOTAL RMB16.5 MILLION.  Full Article

Kweichow Moutai sees 2017 profit to rise about 58 pct y/y
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Kweichow Moutai Co Ltd <600519.SS>::SAYS IT SEES MOUTAI SALES VOLUME TO RISE ABOUT 34 PERCENT Y/Y IN 2017.SAYS IT SEES 2017 TOTAL BUSINESS REVENUE TO RISE ABOUT 50 PERCENT Y/Y TO MORE THAN 60 BILLION YUAN ($9.15 billion).SAYS IT SEES 2017 PROFIT TO RISE ABOUT 58 PERCENT Y/Y.SAYS IT AIMS TO ACHIEVE REVENUE GROWTH OF AT LEAST 10 PERCENT IN 2018.SAYS TO INCREASE PRICE OF MOUTAI PRODUCTS BY AN AVERAGE OF ABOUT 18 PERCENT FROM 2018.  Full Article

Shenzhen Jinjia Group plans cooperation with Kweichow Moutai's tech development unit
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Shenzhen Jinjia Group Co Ltd <002191.SZ> ::Says it enters into strategic cooperation agreement with Kweichow Moutai's tech development unit .Two entities will be mainly engaged in cooperation on technology and packaging business.  Full Article

Kweichou Moutai comments on market views on its share price, valuation
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Kweichou Moutai Co Ltd <600519.SS>:Says recent discussions in the market about company's overly high target share price and valuation do not represent company's viewpoint.Says it hopes investors and consumers will be rational and manage risks prudently.  Full Article

Kweichow Moutai's 9-month net profit up 60.3 pct y/y
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Kweichow Moutai Co Ltd <600519.SS>:Says 9-month net profit up 60.3 percent y/y at 20.0 billion yuan ($3.01 billion).  Full Article

Kweichow Moutai to pay A shares annual div for FY 2016 on July 7
Monday, 3 Jul 2017 

July 3 (Reuters) - Kweichow Moutai Co Ltd <600519.SS> ::* Says it will pay cash dividend of 6.787 yuan(before tax)/share for 2016 to shareholders of record on July 6 .* The company's shares will be traded ex-right and ex-dividend on July 7 and the dividend will be paid on July 7 .  Full Article

Kweichow Moutai's H1 net profit up 11.6 pct
Friday, 26 Aug 2016 

Kweichow Moutai Co Ltd <600519.SS> :Says H1 net profit up 11.6 percent y/y.  Full Article

Kweichow Moutai to pay 2015 div on July 1
Tuesday, 28 Jun 2016 

Kweichow Moutai Co Ltd <600519.SS> :Says it plans to pay 2015 dividend on July 1.  Full Article

Kweichow Moutai Co Ltd - China probes former Moutai liquor exec for graft - watchdog - Reuters News
Thursday, 24 Mar 2016 

Kweichow Moutai Co Ltd:A former senior executive at Chinese liquor giant Kweichow Moutai Co Ltd is being investigated for suspected corruption, the ruling Communist Party's disciplinary watchdog said on Friday. - RTRS.The Central Commission of Discipline Inspection (CCDI) is investigating Tan Dinghua, former deputy general manager at state-backed Moutai, for "serious violations of discipline", a euphemism for corruption, it said in a statement on its website.Moutai is China's top seller of premium "baijiu", a fiery liquor traditionally associated with banquets and gifting that was once commonly used to smooth business and political ties.Beijing, however, has been cracking down on lavish official spending and graft, with President Xi Jinping leading a sweeping campaign to root out corruption.He has warned that the problem is so bad it could affect the party's grip on power.The campaign has targeted a broad swath of high-ranking officials, from members of the military to former judges and various ministry chiefs, as well as numerous senior officials at state-owned firms.Tan retired from his post at the liquor maker in early 2015, the CCDI statement said. It did not give any further details about the scope of the investigation. It was not possible to reach Tan or his representatives for comment and it was not known if he had legal representation.  Full Article

Kweichow Moutai subsidiary signs business contract
Thursday, 24 Mar 2016 

Kweichow Moutai Co Ltd:Guizhou-based subsidiary to sell product to Kweichow Moutai Group.Contract price is no more than 953 mln yuan.  Full Article

BRIEF-Kweichow Moutai Expects 2017 Net Profit To Rise 58 Pct Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 58 PERCENT Y/Y FROM 16.7 BILLION YUAN ($2.64 billion) YEAR AGO Source text in Chinese: http://bit.ly/2BDlutk Further company coverage: ($1 = 6.3156 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)