Text size

Baijiu Coffee? Are Chinese equities still investable?

Baijiu coffee, anyone? Last week, Luckin Coffee (yes, the one that inflated its 2019 sales revenue by US$310 million) joined forces with Kweichow Moutai, the maker of China’s fiery national baijiu liquor, for an unusual offering: an alcoholic latte. If you think that is crazy, let’s look at the stock performance for both. Coffee’s ADR gained as much as 36%…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].