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Group 1 - Investment sentiment towards Kweichow Moutai remains positive, as prominent investor Duan Yongping publicly announced his purchase of the stock, indicating his long-term confidence in the company [2][3][7] - Despite a challenging year for the liquor sector, Kweichow Moutai's stock price has seen a decline of over 5% year-to-date as of October 13, with the stock trading around 1419.20 CNY [5][6] - The Penghua Liquor ETF has experienced significant inflows, reaching a record high of 348.73 billion shares as of October 10, driven by investors looking to capitalize on the current market conditions [10] Group 2 - The overall performance of the liquor sector has been lackluster, with the Shenwan Liquor Index down 8.57% year-to-date as of October 13, reflecting broader market challenges [9] - Fund manager Lin Wei expressed that while the liquor sector remains a cornerstone of consumer spending, financial performance has begun to show signs of pressure, with expectations of continued challenges in the upcoming quarters [10] - Analysts predict that the liquor industry may see a recovery in performance after a period of adjustment, although stock prices typically reflect anticipated earnings changes ahead of time [10]