SHANGHAI -- Major Chinese state-owned lender Industrial and Commercial Bank of China (ICBC) overtook liquor maker Kweichow Moutai for the highest market capitalization on the mainland stock market for the first time in four years on Friday.
Markets
China lender ICBC topples Moutai as Shanghai market cap leader
Liquor maker's 4-year run ends amid slow sales as dividends buoy state-owned bank
ICBC has attracted investors with a dividend yield of over 5%. © Reuters
Read Next
Latest on Markets
