日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

chinadaily.com.cn
left corner left corner
China Daily Website

Chinese liquor makers 'sober up' over bans

Updated: 2012-11-21 10:36
( Xinhua)

BEIJING - While China's high-end liquor makers are enjoying intoxicating profits, they face a frustrated stock market partly due to government vows to control official spending on banquets.

Stock dips swept the liquor sector listed on China's Shanghai and Shenzhen Stock Exchanges on Monday, sparing only a few.

Kweichow Moutai, Wuliangye and Luzhoulaojiao saw stocks tumble by 4.6, 5.8 and 6.1 percent respectively as of the end of trading.

Declines in other renowned liquor brands meant the sector suffered one of the biggest plummets seen in China's stock market on Monday.

The net profits of Kweichow Moutai surged 106.05 percent year on year to reach 3.42 billion yuan ($543.41 million) in the third quarter of 2012.

Wuliangye Group, a major competitor of Moutai, also recorded a net profit increase of nearly 90 percent in the third quarter, which the company attributed to price hikes and strong sales.

However, Moutai has gone through a string of price drops this year that have taken its average bottle price to around 1,500 yuan from about 2,300 yuan at the beginning of 2012.

It is said that Moutai's inventory has topped 20,000 tons. Industry insiders believe that unconfirmed information moved some dealers to lower prices in order to destock and cash in.

Moutai's wholesale price may drop below 1,200 yuan by next May or June, Tie Li, an liquor expert told Securities Daily.

A dealer in downtown Beijing, who declined to be identified, said that government restrictions on official consumption of high-end liquor have dampened sales.

Amid downturn worries, Chinese liquor makers tend to spend hundreds of millions on commercials to woo more hard-to-please drinkers.

Moutai spent 352 million yuan and Wuliangye 499 million to seize ad slots before flagship evening news shows when bidding opened on Sunday for right to advertise on CCTV, China's state-run television, in 2013.

Moutai, Wuliangye, Jiannanchun and Fenjiu spent a total of 1.72 billion yuan for commercials on CCTV in the bidding.

 
 
...
...
...
主站蜘蛛池模板: 男人的天堂久久 | 生猴子在线观看免费视频 | 成人激情综合网 | 亚洲最大网站 | 一级特黄aa大片欧美 | 4438国产精品一区二区 | 日韩在线免费 | 亚洲高清在线观看视频 | 婷婷综合网站 | 日韩不卡在线视频 | 免费av在线播放 | 怡春院欧美 | 亚洲区av | 色播五月激情 | 日韩欧美区 | 99久久久久久久久 | 国产3级在线观看 | 欧美午夜一区二区 | 激情综合网五月 | 成年人三级网站 | 五月婷婷丁香综合 | 九九热国产精品视频 | 国产精品久久影院 | 欧美国产在线观看 | 亚洲一区二区三区三州 | 男人的天堂欧美 | 四虎精品视频 | a级片久久| 操中国老女人 | 国产成人精品视频 | 婷婷亚洲综合 | 国产在线a视频 | 美女一区二区三区四区 | 自拍偷拍综合 | 国产精品免费一区 | 国产69久久精品成人看 | 在线国产91 | 999国产精品视频 | 国产jizz18女人高潮 | 久久久久久中文字幕 | 免费精品在线 |