Bottles of Maotai, or Chinese white wine known as baijiu, are pictured on the shelf at a restaurant in Harbin city, northeastern Chinese province of Heilongjiang. Photo: Simon Song
Bottles of Maotai, or Chinese white wine known as baijiu, are pictured on the shelf at a restaurant in Harbin city, northeastern Chinese province of Heilongjiang. Photo: Simon Song

Kweichow Moutai, maker of Mao’s favourite liquor, ends 2020 with mixed report card as stock hits all-time high

  • Sales of China’s national drink rose 10 per cent in 2020 while earnings trailed consensus forecasts
  • Stock advanced 69 per cent to close at a record 1,998 yuan in Shenzhen, giving it a market value of US$384.5 billion

Topic |   Kweichow Moutai
Bottles of Maotai, or Chinese white wine known as baijiu, are pictured on the shelf at a restaurant in Harbin city, northeastern Chinese province of Heilongjiang. Photo: Simon Song
Bottles of Maotai, or Chinese white wine known as baijiu, are pictured on the shelf at a restaurant in Harbin city, northeastern Chinese province of Heilongjiang. Photo: Simon Song
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