Capital, Earnings & M&A
Breaking 100 Yuan! Dumping Moutai for 'Flying Soy Sauce' – Why Are Northbound Funds Aggressively Buying Haitianweiye?
In May, northbound funds fled the A-share market, dumping stocks like Kweichow Moutai, yet their position in Haitianweiye kept rising. With sustained buying from northbound and domestic institutional funds, Haitianweiye's stock repeatedly hit new highs and broke the 100-yuan mark, prompting some investors to dub it 'Flying Soy Sauce' in a nod to Moutai.
郑灼莹