China’s Moutai Soars 123% In A Year. Is A Hangover Coming?

(Bloomberg) — Kweichow Moutai Co.?s shares have more than doubled since late last year as the maker of baijiu liquor repeatedly hit fresh records. But by one measure, the rally may be under threat.A 123% advance since October 2018 has increased the Chinese firm?s market capitalization to about $208


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