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Article content SHANGHAI A collapse in China’s blue-chip share prices has raised the ire of investors, angry at the way asset managers have crowded into a handful of large stocks and increased market volatility. Liquor giant Kweichow Moutai, Asia’s fourth-biggest stock and a perennial market darling, has become the poster child of the recent selloff as its steep losses hurt mutual funds heavily invested in its shares. We apologize, but this video has failed to load. Try refreshing your browser, or Moutai hangover highlights risks in China s crowded stock bets Back to video Its shares have shed a quarter of their value since a Feb. 18 peak as concerns over Beijing’s monetary tightening triggered a sharp sell-off in larger stocks. More than 900 stock funds lost at least 20% in net assets over the past month, according to fund distributor eastmoney.com.

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