乳品受益于育儿补贴落地，食品饮料ETF（515170）反弹

Core Viewpoint - The food and beverage ETF (515170) experienced a significant rebound, with a peak increase of over 1%, driven by strong performances from constituent stocks such as Meihua Biological, Luzhou Laojiao, and Yili Group, among others [1] Group 1: Market Performance - The food and beverage sector is currently at a relatively low valuation following previous adjustments, and there is an increasing upward expectation due to improved market sentiment and policy corrections [1] - Meihua Biological led the gains with an increase of nearly 4%, while Luzhou Laojiao rose by over 2%, and other companies like Yili Group, Fuling Zhacai, Guangzhou Restaurant, and Shanxi Fenjiu also saw positive movements [1] Group 2: Policy Impact - The implementation of childcare subsidy policies is boosting the maternal and infant industry chain, particularly benefiting the dairy sector [1] - The demand for newborn formula is expected to rise due to the release of fertility needs, which will subsequently drive growth in related dairy products such as milk powder, cheese, and liquid milk, opening up broader market opportunities for the dairy industry [1] Group 3: ETF Composition and Outlook - The tracking index of the food and beverage ETF (515170) has a dairy product content ratio of 14.44% [1] - Guotai Junan Securities indicates that an annual average of 100 billion in childcare subsidies is likely to enhance demand for dairy products, maintaining a positive outlook for the food and beverage sector [1]