Shanghai stock alert

CHINA

CLOSING UPDATE: Kweichow Moutai - A Share keeps rising: up 6.2% in 6 days 25 July 2017 15:54 CST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Shanghai market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Kweichow Moutai - A Share, Shanghai's largest food/beverage/tobacco company by market capitalisation, extended its gains on Tuesday, rising an additional 29.0 fen (or 0.1%) to trade at CNY477.98. Trading volume was 73% of average at the end of the day. The shares have risen CNY28.02 (or 6.2%) over the past six trading days vs. the SSE 180 Index which has risen 1.3% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 5.13 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 97% of the Shanghai market over the past 6 months.

+ In the last three months the stock has hit a new 52-week high fifteen times, pointing to a significant uptrend.

+ The price climbed 5.6% in the last week and increased 0.1% in the last month.

+ The present value of CNY1,000 invested one year ago is CNY1,582 [vs CNY1,171 for the SSE 180 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Dividend yield of 1.4% [1.2%]

Note

Overbought/Bearish:

The 1.5% discount to 12-month high of CNY485.35 against the 68.7% premium to 12-month low of CNY283.28 suggests the climb might be peaking.

TODAY'S ALERTS

Afternoon Alert: Kweichow Moutai - A Share keeps rising: up 6.7% in 6 days

25 July 2017 13:01 CST

Kweichow Moutai Co., Ltd. - A Share (SS:600519) extended its gains on Tuesday, rising an additional CNY2.22 (or 0.5%) to trade at CNY479.91. Trading volume was 57% of average so far today. The shares have risen CNY29.95 (or 6.7%) over the past six trading days vs. the SSE 180 Index which has risen 1.5% in the same period.

Morning Alert: Kweichow Moutai - A Share increases 0.9%, leads Food/beverage/tobacco sector higher

25 July 2017 10:43 CST

Kweichow Moutai Co., Ltd. - A Share (SS:600519) has increased 0.9% to trade at CNY481.90 vs. the Food/beverage/tobacco sector which strengthened 112.7 points (or 0.5%) to 21,087.8. Representing a weighting of about 68.7% of the sector, the stock accounted for the gain. The shares have outperformed 83% of the market in the past week. Trading volume was 65% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Kweichow Moutai - A Share decreased gains by 0.3%, led Food/beverage/tobacco sector higher

24 July 2017 15:52 CST

Kweichow Moutai - A Share, Shanghai's largest food/beverage/tobacco company by market capitalisation, has increased 1.0% to trade at CNY477.69 vs. the Food/beverage/tobacco sector which strengthened 196.7 points (or 0.9%) to 20,975.1. Representing a weighting of about 68.5% of the sector, the stock accounted for 68.7% of today's gain. The shares have outperformed 93% of the market in the past three months. Trading volume was 1.4 times average at the end of the day. Compared with the SSE 180 Index which rose 28.1 points (or 0.3%) in the day, this represented a relative price increase of 0.6%.

Afternoon Alert: Kweichow Moutai - A Share increases 1.3%, leads Food/beverage/tobacco sector higher

24 July 2017 13:00 CST

Kweichow Moutai Co., Ltd. - A Share (SS:600519) has increased 1.3% to trade at CNY479.35 vs. the Food/beverage/tobacco sector which strengthened 215.9 points (or 1%) to 20,994.2. Representing a weighting of about 68.7% of the sector, the stock accounted for 86.1% of today's gain. The shares have outperformed 94% of the market in the past three months. Trading volume was 1.1 times average so far today.

Kweichow Moutai Co., Ltd. - A Share (SS:600519; SHA:600519; CH:600519)

ISIN: CNE0000018R8

PermID: 4295864072

Source: www.BuySellSignals.com