a relook at this old Chinese brand, MoutaiKweichow Moutai Co., Ltd. Class ASSE_DLY:600519dchua1969Ask most people their first impression of China, two distinctive things come to mind - EV and AI !!! The century old consumer staple brand like Kweichow Moutai is losing its appeal on both ends - one from the government where the frugality act is forced down the business entertainment side (that means less lunches and dinner and invariably lesser demand for Moutai) and the lesser appeal of this drink to the Gen Z for 2 reasons. One, they want to stay away from the traditional force drinking culture to get businesses and two, they prefer the western red wine and cognac as alternatives. Chart wise, it is displaying a falling wedge pattern, which is a bullish reversal pattern. However, I am not rushing to get in but doing more research on this company. Yes, financials is pretty good, with high cash flow, zero debt and near 4% dividends payout history. Like the tuition sector which has seen its share price plummeting 90% from its peak and many closed its businesses due to government intervention. Perhaps, the latter is the MAIN reasons why many investors stay away from China, having been "play out" by their rules again and again. In my watchlist