Kweichow Moutai's share price rockets thanks to its popular and sought-after baijiu drink.

The world's most valuable liquor company has just claimed another first.

Chinese liquor giant Kweichow Moutai Co. is close to dethroning Industrial & Commercial Bank of China Ltd. as the nation?s biggest stock by market value.

Baijiu speculators help push distiller's valuation past Coca-Cola's

The annual 618 Grand Promotion on Chinese e-commerce site JD began on 1 June, with sales of Moutai products in the first five minutes up 118% year-on-year.

Moutai?s market capitalization rose to about $253 billion on Tuesday morning, overtaking ICBC for a couple of hours

Kweichow Moutai, the iconic Chinese liquor giant, defied a global slump in alcohol demand by repeatedly hitting closing highs this week, as investors bet on a robust consumption... | May 15, 2020

Kweichow Moutai, the iconic Chinese liquor giant, defied a global slump in alcohol demand by repeatedly hitting closing highs this week, as investors bet on a robust consumption recovery in China amid

Kweichow Moutai, the iconic Chinese liquor giant, defied a global slump in alcohol demand by repeatedly hitting closing highs this week, as investors bet on a robust consumption recovery in China amid

Sales and profit rise despite coronavirus, but governance risks remain