Once China's most valuable stock, liquor maker Kweichow Moutai down 42% from peak

What happened: Kweichow Moutai, China's largest spirits maker and once the mainland's most valuable listed company, is down 42% from its peak and is still seeking a way to lift its share price. Key numbers: 42% decline from peak. Why it matters: The report says recent signs of recovery fall far short of past growth, and the company once surpassed Toyota Motor in market value.

Kweichow Moutai, China's largest spirits maker and once the mainland's most valuable listed company, is down 42% from its peak and is still seeking a way to lift its share price.

The report says recent signs of recovery fall far short of past growth, and the company once surpassed Toyota Motor in market value.