600519.SH · A-shares

Kweichow Moutai: Channel & wholesale price brief

Wholesale price and channel inventory remain the near-term price drivers.

Published Updated Open interactive reader

Cite a section with a deep link, e.g. /en/r/600519-maotai-note#summary

Summary

Key metrics

Price
USD 1.7K
Market cap
USD 2110.0B
As of 2026-07-02

Wholesale price swings still dominate trading; track Feitian wholesale, channel weeks of inventory, and direct-sales mix.

Risks