China's Kweichow Moutai to Boost Baijiu Supply by 2,800 Tons Next Year(Yicai Global) Dec. 27 -- Kweichow Moutai, the world's most valuable distiller, will raise next year's baijiu stock by 2,800 tons to 34,500 tons, while relying on direct sales, Chairman Li Baofang said at a distributor meeting held today.
Kweichow Moutai's shares [SHA:600519] rose 2.6 percent to CNY1,164 (USD166) this afternoon, resulting in a CNY1.46 trillion (USD208.6 billion) market cap.
Kweichow Moutai is known for limiting its supply, which causes its products to routinely sell out and prices to climb.
Editor: Emmi Laine
