Kweichow Moutai liquor commands premium pricing because of its status as a staple at China’s state banquets. Photo: Xinhua

Mao Zedong’s tipple and G-bits fight it out as China’s priciest stock

Kweichow Moutai, producer of the fiery liquor that was Chairman Mao’s preferred tipple, is the priciest among China’s 3,100 stocks, trading at almost 400 yuan per share

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Kweichow Moutai liquor commands premium pricing because of its status as a staple at China’s state banquets. Photo: Xinhua
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