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12 Baijiu stocks decline, Guizhou Moutai closes at 1440.02 yuan per share
Beijing Business Today, April 7, at the close, the Shanghai Composite Index rose 0.26% to 3,890.16 points. The liquor sector closed up 0.58% at 2022.62 points. Among them, 12 liquor stocks declined, while Kweichow Moutai closed at 1,440.02 yuan per share.
From the individual stocks, Kweichow Moutai closed at 1,440.02 yuan per share, down 1.37%; Wuliangye closed at 103.11 yuan per share, down 0.37%; Shanxi Fenjiu closed at 141.31 yuan per share, down 0.28%; Luzhou Laojiao closed at 103.49 yuan per share, down 0.75%; Yanghe Co., Ltd. closed at 49.77 yuan per share, down 1.76%.
A securities firm released a research report saying that the liquor industry is rapidly building a base. Considering many factors, including current inventories, prices, policy impacts, the recovery of consumption scenarios, and listed companies’ financial statements, it judges that the industry’s fundamental bottom in this cycle is likely to appear in the third quarter of 2025. It expects that this year’s third quarter will be the stage with the greatest pressure on channel movement, pricing, and market confidence, and it expects that the second half of this year will be the stage when liquor-listed companies face the highest pressure on reported financial performance.