At the end of June 9, the three major indexes rose collectively, with the Shanghai Composite Index 3399.77 rising 0.43%. Liquor stocks closed up 1.03% at 2158.26 points, of which 10 liquor stocks rose.
From the individual stocks, the closing price of Kweichow Moutai reached 1486.11 yuan per share, down 1.35%; Wuliangye closed price reached 124.96 yuan per share, down 0.10%; Luzhou Laojiao closed price reached 116.25 yuan per share, up 0.09%; Yanghe shares closed price reached 66.93 yuan per share, down 0.28%; Shanxi Fenjiu closed price reached 177.86 yuan per share, down 2.06%.
HuaChuang Food and Drink pointed out in its research report: "From the industry cycle stage, we judge that both 2025 are still in the first half of 2025, and the industry's expected bottom may be reached in the middle of the year. Two key indicators are Moutai's wholesale price expectations, and the other is the profit expectations of the leading liquor companies. In terms of wholesale price expectations, it is expected that Pumao's wholesale price will still bottom out, but considering the diversification of Moutai's channels and the improvement of management capabilities, and from the ten-year compound quantitative calculation of indicators such as M2 and per capita disposable income in the previous cycle, we judge that the price bottom of this round of Pumao should be around 2,000 yuan, and the rhythm is that the Q2 off-season after the Spring Festival is expected to usher in a bottoming out fluctuation."
Liu Yibo Feng Ruonan/Text
