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kweichow moutai fell below 1,300 yuan, duan yongping spoke out again

2024-09-23

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recently, the share price of kweichow moutai (sh600519, stock price: 1,263.92 yuan, total market value: 1.588 trillion yuan) fell below 1,300 yuan, setting a new low since 2021, attracting much attention from the market.

as a supporter of moutai, duan yongping has repeatedly expressed his optimism about moutai. after the recent decline of moutai, duan yongping spoke out again.

one netizen said: "i waited for half a year for moutai to not fall in 2023, so i couldn't help but buy it with all my money at 1,600 yuan. recently, it has been falling all the way, but i don't have any extra money to increase my position. i really want to borrow money to buy at the bottom."duan yongping (the tao is invisible, but i am visible) advised them to be cautious and not to borrow money to buy because "i don't know how crazy the market will be, nor how bad things may get."

it is worth mentioning that as early as august 18, a netizen posted that he bought kweichow moutai at 1,800 yuan and 1,500 yuan, and now he is a little panicked because of the drop. duan yongping replied: "moutai is still the same moutai! isn't that enough? as long as you treat these two investments as deposits in the bank, you will feel that you made the right decision in 10 or 20 years."