Kweichow Moutai Gains After Increase in Ex-Factory Prices of Some Products

By Jiahui Huang

Kweichow Moutai’s shares jumped after the Chinese liquor maker said it will raise the ex-factory prices of some products.

Its Shanghai-listed shares were up 6.5% at 1,793.47 yuan ($245.14) early Wednesday, on track for their biggest one-day percentage rise since November 2022. Shares were up 4.0% on year.

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