A whole lot of ganbei drives Moutai’s market value to half the GDP of its home province

1
0
0
s2sdefault
1
0
0
s2sdefault
powered by social2s

China’s palate for baijiu, a fiery liquor that was Mao Zedong’s favourite tipple, has pushed the share price of its most famous distiller Kweichow Moutai to become China’s most expensive stock, in the process valuing the company at more than half of the economy of its home province of Guizhou. Read more

South China Morning Post