Mao Zedong’s favourite tipple is now a 1 trillion yuan company

Maker of China’s famous fiery liquor Kweichow Moutai set to become only the country’s seventh to enjoy such a such a towering market cap. The value of Kweichow Moutai, the maker of China’s famous fiery liquor, briefly topped 1 trillion yuan (US$155 billion) on Monday, making it the first ever mainland-listed consumer firm to reach the milestone. The distiller rose as much …

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