Economy‘China’s Warren Buffett’ adds Moutai shares for third time as baijiu sector seeks bottom
Chinese-American billionaire investor Duan Yongping, often dubbed “China’s Warren Buffett”, bought another 30,000 shares of Shanghai-listed baijiu maker Kweichow Moutai, marking his third publicly disclosed increase this year. The baijiu sector is undergoing a deep adjustment as tighter oversight, cautious corporate spending and continuing anti-corruption efforts weaken corporate and social gifting demand.
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South China Morning Post★★☆☆☆2026-10-01 00:00Original
‘China’s Warren Buffett’ adds Moutai shares for third time as baijiu sector seeks bottom
Economy