The net profit of two A-share mid-range liquor companies is expected to decline by more than 70% last year, with the decrease in performance exceeding the expectations of brokerages.| Interpretations

1. Shede Spirits and Jiugui Liquor are expected to see a decline in net income attributable to the parent company of 70% and 90% respectively in 2024, with the decline in performance exceeding most Brokerage predictions. 2. The Baijiu Industry is undergoing a deep adjustment period, where squeezed competition intensifies and sales of Baijiu products come under pressure, especially in the consumption demand for mid-to-low end products. 3. Goldman Sachs predicts that Shede Spirits' target for 2025 may be to achieve balanced growth in volume and price, with the first half of the year remaining under pressure while the second half may gradually recover.

cls.cnJan 23 22:48

The latest holdings of top fund manager Zhang Kun are revealed! Increased shareholding in Alibaba, reduced shareholding in Meituan and CNOOC.

In this quarterly report, Zhang Kun stated that he assesses the intrinsic performance of the companies in the portfolio every year to review and evaluate the determination of the companies' fundamentals.

wallstreetcnJan 21 09:24

National Statistics Bureau: The total retail sales of consumer goods in December 2024 increased by 3.7%.

In December, the total retail sales of social consumer goods amounted to 4,517.2 billion yuan, an increase of 3.7% year-on-year.

cls.cnJan 17 10:04

Maotai shrinks its ice cream Business and is selling off products nearing expiration at a third of the price!

① The relevant person in charge of Kweichow Moutai responded to the news about the closure of Moutai ice cream stores, stating that the company is actively scaling back its ice cream Business, but will continue to cultivate new Consumer groups, and emphasize the integration of culture and Technology into product services. ② The number of Moutai ice cream stores nationwide will shrink from 206 to only cover a few stores under Moutai Hotel, and online sales have also run out of stock.

cls.cnJan 10 22:07

60 billion! The Yibin City Industrial Investment Fund group has arrived.

① Yibin City has announced a 60 billion yuan industrial investment fund cluster, among which more than 30 billion yuan fund clusters will be newly established in the next three years, initiated by Yibin Development Group and Wuliangye Yibin Group. ② At the meeting, Yibin City attracted 80 Institutions, including IDG Capital, China International Capital Corporation, Lihe Capital, Chengdao Capital, China Securities Co.,Ltd. and others.

cls.cnJan 10 17:52

What signal? Investment mogul Duan Yongping today made a move to Buy Tencent and Moutai.

An Analyst from Deutsche Bank stated in a research report that after being included in the military industry list by the U.S. Department of Defense, TENCENT's stock price may experience fluctuations in the near future; however, this should have no impact on TENCENT's Business Operation.

Futu NewsJan 9 15:36