The stocks in the liquor industry are a major sector on Chinese stock market. China has been influenced by its traditional liquor culture for thousands of years. Liquor consumption has always been popular in China, and liquor stocks have always been favored in China’s A-share market. So, what are the top 5 stocks with the largest market cap in the liquor industry?
As of July 3, 2020, there are about 36 concept stocks in the brewing industry (including liquor, red liquor, beer, etc.) in the domestic A-share market. The top 5 stocks with the largest market value include (in Chinese yuan/RMB):
- Kweichow Moutai (贵州茅台，circulation market value: 1.94 trillion)
- Wuliangye (五粮液，circulation market value: 716 billion)
- Luzhou Laojiao (泸州老窖，circulation market value: 161 billion)
- Yanghe shares (洋河股份，tradable market value: 155 billion)
- Shanxi Fenjiu (山西汾酒，circulation market value: 128 billion)