(Yicai Global) Aug. 31 -- China's leading liquor maker Kweichow Moutai’s stock [SHA:600519] hit a new record high at CNY1,816 (USD261.63) per share, the highest price in mainland Chinese stock markets.

The shares rose 3.36 percent to CNY1,816 at 11.01 a.m., surpassing their previous zenith of CNY1,787 on July 13, and boosting the Southwest China-based company’s market value to CNY2.26 trillion (USD325.6 billion), thus further cementing its position as the world’s most valuable distiller.

Editor: Ben Armour