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MarketScreener Homepage  >  Equities  >  Shanghai Stock Exchange  >  Kweichow Moutai Co., Ltd.    600519   CNE0000018R8

KWEICHOW MOUTAI CO., LTD.

(600519)
  Report
End-of-day quote. End-of-day quote Shanghai Stock Exchange - 04/08
2070 CNY   +0.44%
04/07China shares dip as distillers lead consumer slump
RE
04/07China shares down as consumer firms weigh; Hang Seng slips 0.65%
RE
03/31KWEICHOW MOUTAI  : Forecasts 10.5% Revenue Jump in 2021
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China blue-chips slump most in nearly 7 months on valuation, policy tightening concerns

02/22/2021 | 02:35am EDT

* CSI300 -3.14%, biggest drop since July 2020

* Tighter stance to be formalised in coming months - analysts

* Consumer firms weigh, distillers lead losses

SHANGHAI, Feb 22 (Reuters) - China's blue-chip index posted its biggest daily drop in nearly seven months on Monday after touching record highs last week, as investors fretted over high stock valuations and the risk of policy tightening. ** China left its benchmark lending rate for corporate and household loans unchanged for a 10th straight month on Saturday, but speculation has been rising that authorities may begin to adopt a tighter policy stance. ** "Monetary conditions have tightened in practice since the start of the year. We expect the PBOC to formalise the shift with policy rate increases in the next few months," said analysts at Capital Economics. ** China's blue-chip CSI300 index slumped 3.14% to close at 5,597.33 points, its biggest daily percentage drop since July 24, 2020. ** The Shanghai Composite index fell 1.45% to 3,642.44 points. ** Liquor shares fell, with heavyweight Kweichow Moutai Co Ltd dropping 7% as foreign investors sold shares through the Stock Connect. ** The consumer staples sector slumped 5.96%, the healthcare sub-index dropped 5.15% and the financial sector sub-index shed 1.75%. ** Trading activity was elevated, with 48.88 billion shares trading on the Shanghai exchange, about 153.9% of the market's 30-day moving average of 31.77 billion shares a day. ** The Shenzhen index ended down 2.08% and the start-up board ChiNext Composite index dropped 4.47%. ** At 07:11 GMT, the yuan was quoted at 6.4631 per U.S. dollar, 0.05% weaker than the previous close of 6.4598. ** Despite Monday's slump, valuations remain near record highs and some analysts expect earnings to stay strong on a cyclical recovery. ** "We could see a sharper rotation into cyclical stocks like banks, materials and energy, with tech shares remaining strong following very robust performance (year-to-date)," said Carlos Casanova, senior economist for Asia at Union Bancaire Privee. (Reporting by Andrew Galbraith; Editing by Vinay Dwivedi)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CANADIAN DOLLAR / CHINESE YUAN RENMINBI (CAD/CNY) 0.00% 5.2297 Delayed Quote.1.69%
EURO / CHINESE YUAN RENMINBI (EUR/CNY) 0.03% 7.7952 Delayed Quote.-2.08%
KWEICHOW MOUTAI CO., LTD. 0.44% 2070 End-of-day quote.3.60%
S&P/CITIC 300 INDEX -0.02% 4447.8 Delayed Quote.-1.72%
S&P/CITIC 50 INDEX -0.02% 4477.82 Delayed Quote.-2.29%
SHENZHEN STOCK EXCHANGE A SHARE INDEX -0.95% 2340.1634 Real-time Quote.-4.00%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.00% 6.5575 Delayed Quote.0.95%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) 0.00% 6.5522 Delayed Quote.0.39%
All news about KWEICHOW MOUTAI CO., LTD.
04/07China shares dip as distillers lead consumer slump
RE
04/07China shares down as consumer firms weigh; Hang Seng slips 0.65%
RE
03/31KWEICHOW MOUTAI  : Forecasts 10.5% Revenue Jump in 2021
MT
03/29China's Food Sector Posts Output, Sales Growth in January-February Period
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03/26Consumer bounce lifts China shares; blue-chips break 5-week losing streak
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03/25China shares rise on consumer boost; Hang Seng bounces
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03/16ANALYSIS : Moutai hangover highlights risks in China's crowded stock bets
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03/09China stocks in correction on policy tightening, valuations
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03/09China stocks in correction on policy tightening, valuations
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03/09Hang Seng ends higher as Shanghai shares slump to brink of correction
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More news
Financials
Sales 2021 111 B 16 964 M 16 964 M
Net income 2021 53 960 M 8 235 M 8 235 M
Net cash 2021 172 B 26 238 M 26 238 M
P/E ratio 2021 47,0x
Yield 2021 1,12%
Capitalization 2 538 B 387 B 387 B
EV / Sales 2021 21,3x
EV / Sales 2022 17,9x
Nbr of Employees 29 031
Free-Float 35,9%
Chart KWEICHOW MOUTAI CO., LTD.
Duration : Period :
Kweichow Moutai Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KWEICHOW MOUTAI CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 32
Average target price 2 281,32 CNY
Last Close Price 2 020,00 CNY
Spread / Highest target 35,6%
Spread / Average Target 12,9%
Spread / Lowest Target -35,3%
EPS Revisions
Managers and Directors
NameTitle
Jing Ren Li General Manager & Director
Gang Liu CFO, Board Secretary, Chief Accountant & Deputy GM
Wei Dong Gao Chairman
Ya Lin You Chairman-Supervisory Board
Jin Hai Lu Independent Director