Moutai toasts share price success

Spirit maker rides crest of wave of improved performance in previously weak sector

Kweichow Moutai Co Ltd, the distiller of the iconic high-end spirt in the town of Maotai, Guizhou province, has seen its share prices continue rising this year, while the benchmark index and most other shares turned in lukewarm performances.

The Shanghai-listed Moutai have surged about 45 percent in the year to date, and the stock is regarded as one of the bourse's best-performing and stable ones.