China’s Moutai Tops Diageo as Most-Valuable Liquor Maker: Chart

China’s Kweichow Moutai Co. is now the world’s most-valuable liquor distiller, overtaking Johnnie Walker-brand owner Diageo Plc. Moutai’s market value reached $71.5 billion Friday in Shanghai, after shares of the producer of premium grain liquor -- including 106-proof baijiu -- surged 55 percent over the past year, more than twice the gain for London-based Diageo. A third of Diageo’s revenue was from North America and a quarter from Europe in the fiscal year to June, while 95 percent of Moutai’s sales were in the domestic market.

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