Back to today’s briefing

Story perspectives

Chinese Liquor Stocks Soar Ahead of Lunar New Year

1/29/2026

50 3

Summary

Story summary

Chinese liquor stocks surged on January 29, 2026, in anticipation of the Lunar New Year.
Kweichow Moutai's shares rose over 9% to 1,445 yuan and closed at 1,437.72 yuan, up 8.6%.
Smaller companies such as Jinhui Liquor and Jiugui Liquor gained, hitting their 10% daily limits.
Analyst Kenny Ng Lai-yin attributes the rise to Kweichow Moutai's performance, noting wholesale prices have risen to new highs and signaling strong holiday demand.

1 of 1

Story summary

Chinese liquor stocks surged on January 29, 2026, in anticipation of the Lunar New Year.
Kweichow Moutai's shares rose over 9% to 1,445 yuan and closed at 1,437.72 yuan, up 8.6%.
Smaller companies such as Jinhui Liquor and Jiugui Liquor gained, hitting their 10% daily limits.
Analyst Kenny Ng Lai-yin attributes the rise to Kweichow Moutai's performance, noting wholesale prices have risen to new highs and signaling strong holiday demand.