Is Baijiu(Chinese Liquor) saved? After the Spring Festival, several Baijiu(Chinese Liquor) Funds rose over 10%. Have the investors who entered at a high point recovered their capital?

① Funds heavily invested in Baijiu are rebounding, with many products increasing over 10% after the holiday; ② Investors who poured into funds focused on Baijiu three years ago are still at a loss; ③ A total of 19 related Baijiu stocks are heavily held by public funds, with the market value of Kweichow Moutai's heavy holdings significantly reduced from its peak.

cls.cnMar 13 09:52

Research Reports treasure digging丨CITIC Securities: Maintain Anhui Yingjia Distillery "outperforming the Industry" rating, Target Price 72 yuan.

On March 10, 2023, a Research Report from China International Capital Corporation pointed out that the growth logic of Anhui Yingjia Distillery driven by cave aging continues, and it is expected that in the first quarter of 2025, Anhui Yingjia Distillery (603198.SH) revenue is likely to remain stable with growth despite a high base. Overall, it is believed that this year the company will continue to focus on improving cost efficiency and efficiently allocate expenses, with profit margins expected to steadily rise year-on-year. In terms of Global Strategy, the company will continue to solidify its efforts within the province this year, remaining Bullish on the long-term development and growth potential of the company. Considering the company’s pursuit of a healthier channel state and the impact of a weak Consumer environment, the profit forecast for 2024/25 has been revised down by 2.

Gelonghui FinanceMar 10 15:46 · Ratings

Anhui Yingjia Distillery (603198): The trend of storage and release continues, and this year will continue to promote in-depth development within the province.

Recent company updates: We recently conducted research on the company, discussing the current situation since the beginning of the year and the annual Global Strategy priorities. Comments indicate that the growth logic driven by the increase in Dongcang's volume continues, and we expect the company's revenue in Q1 2025 to remain stable with growth under a high baseline.

China International Capital CorporationMar 10 07:37

Express News | The Baijiu Sector is experiencing a volatile rebound, with Anhui Yingjia Distillery rising over 5%.

BreakingsMar 7 13:11

Anhui Yingjia Distillery (603198): Steady sales and valuation recovery.

Report Introduction: Recently, Consumer demand has gradually stabilized, and Baijiu wholesale prices remain relatively strong, with the Sector's expectations marginally uplifting. Anhui Yingjia Distillery has shown stable sales in the early period and is continuing to increase its market share, and with a low valuation, it is expected to show significant elasticity as Baijiu valuations recover. Investment highlights.

GTJAFeb 28 11:37

A-shares fluctuated丨Baijiu(Chinese Liquor) stocks generally rose, Shanxi Xinghuacun Fen Wine Factory increased by more than 3%, and Kweichow Moutai rose by 2%.

Gelonghui, February 27 | A-shares in the Baijiu(Chinese Liquor) sector generally rose, with Anhui Yingjia Distillery up nearly 5%, Luzhou Laojiao up over 4%, Shanxi Xinghuacun Fen Wine Factory up over 3%, Kweichow Moutai up nearly 2%, and Shede Spirits, Anhui Gujing Distillery, and Wuliangye Yibin all showing increases. In terms of news, GTJA's recent research report indicated that the Baijiu Sector is relatively low and is expected to see a valuation recovery. Since Q3 2024, the growth rate of Baijiu performance has been slowing marginally, with channel capacity weakening, leading to a consensus in the Industry for healthy growth. Based on the results from the start of Q4 2024 and Q1 2025, inventory reduction progress is average. The firm believes that the recent stock price trend has largely reflected pessimistic expectations. Valuations have once again fallen to relatively low levels.

Gelonghui FinanceFeb 27 10:48