Automotive shares and the new energy vehicles sector were among the biggest winners, rising 4.26% and 4.16%, respectively, on the back of an 8.19% rise in electric vehicle maker BYD Co Ltd and battery giant.
The newly launched Moutai ice cream developed by Chinese high-end spirits maker Kweichow Moutai Co Ltd and dairy producer Mengniu Dairy Co Ltd has gone viral among consumers, and industry observers are bullish on the business growth opportunities brought by transboundary cooperation between ice cream retailers and companies of other sectors.
Chinese equities closed higher
on Tuesday, helped by gains in consumer stocks on hopes of a
demand recovery as Beijing further eased COVID-19 curbs, while
investors booked profits in some shares that. | June 7, 2022
Kweichow Moutai Co Ltd, an iconic high-end spirits maker in Southwest China's Guizhou province, teamed up with Mengniu Dairy Co Ltd, a major dairy producer based in the Inner Mongolia autonomous region, to launch three flavors of prepackaged ice cream in Guiyang, the provincial capital, on Sunday.
贵州茅台(600519):贵州茅台2021年环境、社会及治理（ESG）报告（英文版）- CFi CN 中财网 cfi.net.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cfi.net.cn Daily Mail and Mail on Sunday newspapers.