白酒板块午盘上涨贵州茅台微涨0.4%

Core Viewpoint - The stock market showed a collective increase on October 20, with the Shanghai Composite Index rising by 0.69% to 3866.09 points, indicating positive market sentiment and performance in various sectors, particularly the liquor industry [1] Industry Summary - The liquor sector closed at 2272.85 points, up by 0.6%, with 14 liquor stocks experiencing gains [1] - Major liquor companies showed mixed performance: Kweichow Moutai closed at 1460.79 CNY per share, up by 0.40%; Wuliangye closed at 120.73 CNY per share, down by 0.28%; Shanxi Fenjiu closed at 192.60 CNY per share, down by 1.68%; Luzhou Laojiao closed at 133.70 CNY per share [1] Company Insights - According to a report from GF Securities, the progress of dealer payments suggests that most manufacturers are relaxing their payment requirements or no longer enforcing mandatory payments, which is expected to benefit leading brands in the industry [1]