Kweichow Moutai Co LtdMoutai raised retail and contract prices of Feitian Moutai by 6.5% and 7.9% respectively, boosting revenue and profit.
Kweichow Moutai shares jumped more than 5% intraday after its second price increase this year, lifting the entire baijiu sector. On the evening of July 17, Kweichow Moutai announced it would raise the retail price of Feitian Moutai on the iMoutai platform from 1,539 yuan per bottle to 1,639 yuan per bottle, and the contract sales price from 1,269 yuan per bottle to 1,369 yuan per bottle, representing increases of 6.5% and 7.9% respectively. Institutions estimate the price hike will contribute about 2.7 billion yuan in incremental revenue and roughly 1.6 billion yuan in additional profit for 2026. Moutai opened higher and continued to climb after the market opened today, rising 5.25% as of 11:13 a.m. to reclaim the 1,300 yuan level. Gujing Gongjiu hit its daily limit up, while Luzhou Laojiao, Yingjia Gongjiu, and Jinhui Liquor all gained more than 5%. Independent baijiu commentator Xiao Zhuqing said the Moutai price adjustment is conducive to generating greater profit returns for shareholders, squeezing out speculative room in the market, and is positive for the entire baijiu industry.
Kweichow Moutai Co LtdMoutai raised retail and contract prices of Feitian Moutai by 6.5% and 7.9% respectively, boosting revenue and profit.
Luzhou Lao Jiao Co LtdLuzhou Laojiao gained more than 5% in sympathy with Moutai's price hike, benefiting from positive sector sentiment.
Anhui Gujing Distillery Co LtdGujing Gongjiu hit daily limit up in sympathy with Moutai's price hike, lifted by sector-wide rally.
Anhui Yingjia Distillery Co LtdYingjia Gongjiu rallied in sympathy with Moutai's price hike, benefiting from positive sector sentiment.
Jinhui Liquor Co LtdJinhui Liquor gained more than 5% in sympathy with Moutai's price hike, lifted by sector-wide rally.