Kweichow Moutai stock gains 0.10 percent as earnings growth supports baijiu leader

Published on 09/23/2026 at 15:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kweichow Moutai stock closed at CNY 1,253.80 on September 22, 2026, up 0.10 percent. Second-quarter revenue and net profit rose 7.2 and 12.8 percent.

Kweichow Moutai, CNE0000018R8, Illustration mit AI erstellt.

Kweichow Moutai stock (ISIN CNE0000018R8) closed at CNY 1,253.80 on the Shanghai Stock Exchange on September 22, 2026, gaining 0.10 percent from the previous close. The move came as the wider Shanghai Composite rose 0.06 percent, according to Ad Hoc News on September 23, 2026.

Second quarter figures support the stock

The latest sector data point to a stronger relative position for Kweichow Moutai. In the second quarter of 2026, revenue increased by 7.2 percent year over year and attributable net profit rose by 12.8 percent, while the broader baijiu group recorded revenue and profit declines of 18.0 percent and 21.4 percent, respectively, according to Futu News on September 23, 2026.

The comparison is important because the sector is still working through weaker consumption settings and inventory pressure. Kweichow Moutai's relative gains therefore reflect both company performance and a shift in industry concentration toward the leading producer, as described in the same September 23, 2026 sector assessment by Futu News.

Relative strength faces channel pressure

The operating picture is not uniformly positive. The sector report attributes the second-quarter contraction outside the leader to damaged consumption scenarios, active financial statement cleanup, and efforts to reduce inventory and ease pressure across distribution channels, according to Futu News on September 23, 2026.

Guohai Securities maintained an Outperform rating for the baijiu sector in that September 23, 2026 update. For Kweichow Moutai, the key numerical contrast is the 7.2 percent revenue increase and 12.8 percent profit increase against the sector's double-digit declines.

Shanghai close remains the reference

Kweichow Moutai stock ended September 22, 2026, at CNY 1,253.80 on the Shanghai Stock Exchange, with a daily gain of 0.10 percent. That closing level and the sector comparison define the current market picture, while channel inventory and consumption conditions remain the main operating variables.