Moutai Shares Surge After It Hikes Price of Flagship Liquor

Shares of Kweichow Moutai Co. rose the most in about two months after China’s top liquor maker announced a price increase for its flagship Feitian Moutai spirit, in a move...

By Charlie Zhu, Lulu Shen · Bloomberg Markets

Shares of Kweichow Moutai Co. rose the most in about two months after China’s top liquor maker announced a price increase for its flagship Feitian Moutai spirit, in a move that could bolster its earnings prospects.