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Hieu Le's avatar

What are your opinions on the current issues with prices dropping of kweichow moutai product?

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Favona Hathaway's avatar

Not good short term. Really shows the lack of demand in the short term but i think long term Moutai is still a great business. Its true that China is facing macroeconomic challenges and weak consumer sentiment but these things cyclical. 10 years from now Moutai will probably be fine. I mean if Moutai drops to 15x earnings thats a no brainer buy.

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