Kweichow Moutai Sell-Off Sparks Debate on China Stock Market Bottom
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Kweichow Moutai sell-off signals China's stock market may be bottoming out based on historical patterns.
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Moutai is popular with investors due to earnings growth and dividends, but foreign funds have been selling it recently.
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Moutai's Q3 profits rose 15.7% year-on-year, but missed some expectations. Company denied issues.
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Analysts remain bullish on Moutai's long-term growth prospects and market share gains.
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Despite economic improvements, China's stocks keep falling on weak sentiment and foreign capital outflows.