Why is Maotai's share price so high?
1 belongs to Kweichow Moutai Co., Ltd., and its product sales and performance are very good, which is naturally beneficial to its share price.
Maotai, as the representative of high-end liquor in China, is different from other liquors in raw materials and production technology. Its products are scarce, and scarcity is the most expensive.
The liquor industry continued to recover, the sales volume and income of Maotai increased steadily, and the selling price of Maotai rose rapidly.
4. The liquor sector performed well, on the one hand, benefiting from the opportunities brought by the increase of internal circulation; On the other hand, it benefits from the scene optimization and improvement brought about by the domestic economic recovery.
5 institutions, mainly holding shares in Maotai, many famous institutions have bought Maotai, even the social security fund is no exception.
There are many reasons for the high stock price of Maotai, the most important of which are those mentioned above. In addition, the stock price of Maotai has a strong correlation with the historical cycle behind it. In short, stocks with extremely high share prices are beyond the reach of retail investors and ordinary people. And judging from its trend, Maotai is only suitable for long-term holding, but this is my personal opinion.