Shares in Kweichow Moutai hit a new all-time high close of 556.49 yuan on Friday in Shanghai, pushing its yearly gains to 70 per cent. Photo: SCMP

Beer or baijiu? China’s drinkers become more quality conscious

Experts say the domestic beer market has dropped significantly by volume. But higher-quality brands and sales of traditional Chinese clear liquor, or baijiu, are bubbling away nicely

Topic |   Kweichow Moutai

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Shares in Kweichow Moutai hit a new all-time high close of 556.49 yuan on Friday in Shanghai, pushing its yearly gains to 70 per cent. Photo: SCMP
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