段永平再买茅台！头部酒企动销稳健，食品饮料ETF天弘(159736)一键布局吃喝板块，最新份额创新高

Core Insights - The food and beverage ETF Tianhong (159736) has seen a 0.98% increase, with a trading volume of 9.2953 million yuan, indicating strong market interest [3] - The ETF's latest share count reached 7.698 billion, a record high since its inception, with a net inflow of 5.6831 million yuan recently [3] - The ETF primarily invests in leading high-end and mid-range liquor stocks, with significant allocations to beverage, dairy, and seasoning sectors [3] Product Highlights - The Tianhong food and beverage ETF (159736) is designed for easy access to core assets in the "food and beverage" sector, with approximately 60% of its portfolio in high-end liquor stocks and 40% in other beverage-related sectors [3] - Major holdings include top brands such as Moutai, Wuliangye, and Yili, reflecting a strong focus on leading companies in the industry [3] Market Events - The price of Moutai has slightly increased, with the price per bottle rising from 1,760 yuan to 1,765 yuan for loose bottles and from 1,780 yuan to 1,795 yuan for packaged bottles, indicating stable demand for top liquor brands [4] - Investor confidence is bolstered by notable investor Duan Yongping's continued support for Moutai stocks, as he publicly stated his recent purchase of Moutai shares [4] - Dongpeng Beverage has updated its Hong Kong IPO application, aiming to enhance its production capacity and expand its market presence, which could significantly boost its future growth [4] Institutional Perspectives - China Galaxy Securities notes that the food and beverage index has underperformed the broader market, with various sub-sectors undergoing adjustments [4] - The focus for October will be on third-quarter earnings reports, with an emphasis on high-performing stocks and sectors [4] - For the fourth quarter of 2025, the expectation of improved PPI translating to CPI suggests a focus on cyclical recovery stocks, with recommendations to monitor growth in new categories and stable demand sectors [4]