We ever introduced 2020 highest value stock of China A Stock Market last time, it’s Kweichou Moutai stock 600519. In fact, Kweichou Moutai stock is not only 2020 highest value stock of China A Stock Market, it’s also first stock of China A Stock Market for long time. So we want to know why is Kweichou Moutai 600519 the top stock of China A Stock Market?
2000 Years Chinese Baijiu Culture
The history of this traditional Chinese liquor (Baijiu) goes back over 2000 years with a significant evolution during the Qing Dynasty (1644-1912) when Chinese distillers introduced advanced and unique techniques for processing this distinctive type of liquor.
Maotai became the first Chinese liquor to be produced in large-scale production. The Communist government consolidated a lot of local distilleries into 1 state-owned company, Kweichow Moutai (the name is an old romanization of “Guizhou Maotai”).
This company is located in the Guizhou Province, in South-West China, where liquor distillery has a very long tradition.
Kweichow Moutai Company
Kweichow Moutai 600519 Stock Price
From above price chart we can see clearly that Kweichou Moutai stock price has been doubled in 2020 and has been reached $315/share, which is the most expensive stock in China.
Kweichow Moutai Revenue and Profits
From above Kweichou Moutai’s recent years revenue and profits, we know that Kweichou Moutai has very strong making money capacity and it’s keeping rising.