🌟🌟🌟In the world of Chinese A shares,
$Kweichow Moutai Co.,Ltd.(600519)$ is one of the most expensive & highest priced stocks in China & has held that symbolic throne for years.
Moutai shares have historically traded above 1000yuan per share. Its share price recently popped 4% to 1,500 yuan after Duan Yong Ping bought the stock.
Why does Moutai command such a high price ? It is a status symbol and a cultural icon.
Moutai enjoys gross margins around 90% and net margins around 50%. Its pricing power is unmatched in China.
A good way to invest in Kweichow Moutai is through $EFUND LIQUOR(03189)$ . Its top 5 holdings include Kweichow Moutai, Wuliangye Yibin $Wuliangye Yibin Co.,Ltd.(000858)$ $Luzhou Laojiao Co.,Ltd.(000568)$ $Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.(600809)$ and Yanghe Brewery.
These 5 are the biggest, most profitable baijiu names in China.
Spring Festival is coming & it is the peak liquor season. Gan Pei.
@Tiger_comments @TigerStars @TigerClub
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments