逆市冲击两连阳，市场规模最大的食饮类ETF（159736）涨近1%，机构：食品饮料行业业绩有望逐步向好

Group 1 - The A-share major indices experienced a slight decline in the afternoon, while the food and beverage sector remained active, with the Tianhong Food and Beverage ETF (159736) rising by 0.97%, achieving a trading volume exceeding 11 million yuan [1] - Key stocks in the food and beverage sector saw significant gains, with Huanlejia hitting the daily limit, and New Dairy, Kweichow Moutai, and Yili also experiencing notable increases [1] - The Tianhong Food and Beverage ETF (159736) is the largest among six ETFs tracking food and beverage-related indices, with a latest circulating scale of 4.787 billion yuan [1] Group 2 - Wanlian Securities indicated that the expansion of domestic demand policies, combined with a general decline in upstream raw material prices, is expected to improve the performance of the food and beverage industry and restore valuations [2] - CITIC Construction pointed out that the food and beverage sector's Q1 reports remained stable, with steady demand in the white liquor market and stable prices for mainstream products, suggesting a positive outlook for the sector [2] - The current low inventory levels in the tobacco and liquor sectors are expected to facilitate a quick recovery in demand, with leading liquor companies anticipated to have good growth potential [2]