It may be surprising to many that the most-consumed (and best-selling) alcoholic beverage in the world is not Johnnie Walker or Jack Daniel’s, but a traditional grain-based spirit known as baijiu that originates from China. Baijiu, or “clear liquor”, dates back 9000 years in China… drunk by both the aristocratic elite and peasants alike. Today, the drink is a popular favorite in Chinese celebrations, business meetings and even simply between friends. One of the most expensive and most-recognized baijius in the market is the famous Moutai (or Maotai), made only in Moutai town by the listed Chinese producer Kweichow Moutai Co (SSE:600519). Over the last 20 years, Kweichow Moutai’s stock has become a superstar 160-bagger, having increased by 17,500%! We don’t think it’s over yet. In this article, we’ll discover more about this fascinating company and why we think it still can grow even further. China’s National Liquor Moutai...