Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
13 White Liquor Stocks Rise, Kweichow Moutai Closes at 1361.33 Yuan per Share
Beijing Business Daily News (Reporter Liu Yibo, Feng Ruonan) On May 11th, at the close, the Shanghai Composite Index rose 1.08% to 4,225.02 points. The Baijiu sector closed at 2,103.11 points, up 0.36%, with 13 Baijiu stocks rising. In terms of individual stocks, Kweichou Moutai closed at 1,361.33 yuan per share, down 0.85%; Wuliangye closed at 91.81 yuan per share, down 0.35%; Shanxi Fenjiu closed at 140.37 yuan per share, down 0.87%; Luzhou Laojiao closed at 96.91 yuan per share, down 0.64%; Yanghe Brewery closed at 48.29 yuan per share, down 0.02%.
CITIC Securities pointed out in its research report that by 2025, due to tightened relevant policies leading to a sharp decline in business demand and weak domestic consumption, the overall demand and sales of the Baijiu industry will be under significant pressure. Leading liquor companies will actively increase adjustment efforts and accelerate inventory clearance starting from the second quarter of 2025. Since 2026, the overall YoY decline in Baijiu sales has narrowed to some extent. If demand gradually stabilizes in the future, considering the base effect of 2025, it is expected that the performance of Baijiu companies may show some improvement starting from the second quarter of 2026.