Kweichow Moutai

Zhang Kun, manager of a US$3.1 billion fund, cut holdings in Kweichow Moutai by 47%, Wuliangye by 71%, Luzhou Laojiao by 52%, and Alibaba by 75% in the second quarter, pivoting to AI-linked stocks lik…

Mainland China's stock markets are mirroring the US trend of tech stock dominance, with the technology sector becoming the largest component of the CSI 300 Index. AI-related companies like Zhongji Inn…