白酒板块午盘微跌 贵州茅台下跌0.51%

Core Viewpoint - The white liquor sector is experiencing a shift in pricing logic, indicating that it may no longer be considered a cyclical growth stock, with future stock price gains expected to come from stable performance increments and appropriate dividends [1] Market Performance - On September 18, the Shanghai Composite Index opened at 3893.95 points, rising by 0.45% - The white liquor sector closed at 2344.99 points, down by 0.35%, with 17 stocks in the sector declining [1] Individual Stock Performance - Kweichow Moutai closed at 1485.40 CNY per share, down by 0.51% - Wuliangye closed at 125.15 CNY per share, down by 0.64% - Shanxi Fenjiu closed at 203.29 CNY per share, down by 0.57% - Luzhou Laojiao closed at 135.39 CNY per share, down by 1.18% - Yanghe Brewery closed at 70.89 CNY per share, down by 0.98% [1] Analyst Insights - Guotai Junan Securities suggests that the pricing logic in the white liquor industry will undergo a trend change, moving away from being a cyclical growth stock [1]