Moutai shares stable after specifically mentioned in anti-monopoly notice
茅台股价在反垄断公告中明确提及后保持稳定
Shares of Kweichow Moutai Co., China’s leading liquor maker, inched slightly up after opening low in morning trading on Friday, after the company was specifically mentioned by a regulatory notice from China’s top market regulator over the pricing of its liquor during the upcoming holiday season.
中国最大的白酒生产商贵州茅台股份有限公司(Kweichow Moutai Co.，简称:贵州茅台)的股价在上周五早盘跌开后小幅上涨，原因是中国最高市场监管机构在一份关于即将到来的假日季酒类定价的监管通知中特别提到了该公司。
Kweichow Moutai, the most valuable share at the Chinese A share market, inched up 0.49 percent to close at 1,839.28 yuan ($281.74) per share, after opening up 1 percent lower after the State Administration for Market Regulation issued an unusual notice saying that it will specifically monitor the price of the company’s liquor products during the upcoming New Year and Spring Festival holiday season. Usually, such notices would not mention specific brands.
贵州茅台,最有价值的份额在中国A股市场小幅上涨0.49%,收于每股1839 .28点元(281.74美元),开放后下跌1%之后,市场监管总局发表了一份不同寻常的通知说这将专门监控公司的白酒产品的价格在即将到来的新年和春节假期。通常，这些通知不会提到具体的品牌。
The notice came as China tightens its grip on monopolistic behaviors by companies, after the annual tone-setting economic meeting made strengthening anti-monopoly and preventing disorderly expansion of capital top priorities for next year. On Thursday, the country’s top e-commerce platform Alibaba was put under an anti-monopoly investigation.
《通知》发布之际，正值中国加强对企业垄断行为的控制之际。此前，一年一度的经济工作会议定下基调，将加强反垄断和防止资本无序扩张列为明年的首要任务。周四，中国最大的电子商务平台阿里巴巴接受了反垄断调查。
Hoarding by traders and supply-side manipulation have been underlying issues for the runaway price of Moutai, analysts pointed out.
分析师指出，交易员囤积和供应方面的操纵是茅台价格失控的根本问题。
The liquor sector inched down 0.02 percent in morning trading Friday.
周五早盘，酒类板块小幅下跌0.02%。
