Yang Delong talks about Wuliangye's bizarre financial report: The Baijiu industry may have risks next week.
The 11th China-US Investors' Cocktail Party hosted by Sina Finance was held in Omaha, Nebraska, USA on May 2nd local time. Yang Delong, Managing Director of Qianhai Kaiyuan Fund, said that everyone knows the liquor industry is currently in a slump, especially with Wuliangye unexpectedly making a move. "We cannot evaluate individual companies, but I estimate there may be risks in the liquor industry next week."
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