Moutai shares lead alcohol tumble after China bans spirits from army feasts

From Yahoo! News: HONG KONG (Reuters) - Chinese distiller Kweichow Moutai Co Ltd led a tumble in the country's alcohol sector on Monday after Beijing banned its top brass from hosting boozy banquets while working, Communist Party chief Xi Jinping's latest anti-corruption move. Shares in Moutai, whose premium white spirits are much favoured by the Chinese military, were down 5.8 percent in...