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Matthew Klein: Kweichow Moutai market cap larger than peer but majority stake held by Guizhou province
Matthew Klein compares the market capitalization of Kweichow Moutai, noting it remains somewhat larger than a peer company. He points out that most shares of Kweichow Moutai are owned by Guizhou province, raising questions about free float and actual public ownership.
Klein has previously covered trends in other key markets. He noted that U.S. wage growth is fueling increases in core service prices. In a separate report, he assessed that Russia experienced only modest oil revenue gains from higher energy prices linked to the Iran conflict.
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