As is mentioned at the Central Economic Work Conference that stabilising the economy in 2023 is crucial, and expanding domestic demand is the top priority for achieving the goal.
The Drinks Business
14 December 2020 By db staff Which beverage alcohol companies are the most highly valued by investors? Anheuser Busch InBev? Diageo? Pernod Ricard? Constellation Brands?
AB InBev is priced at £76 billion, Diageo at £70 billion, Pernod Ricard at £37 billion and Constellation at £31 billion, a combined total of £214 billion.
But stunning rises in share values in Shanghai and Shenzen over the past two years has catapulted China’s two biggest distillers to the top of the international league table. Together, they are valued at a monumental £375 billion.
Kweichow Moutai, whose baijiu shot to international statue when Chairman Mao Zedong served it to President Nixon at their famous Beijing banquet in 1972, is now valued at more than £210 billion, while rival Wuliangye Yibin weighs in at about £150 billion.