Sou Hu Cai Jing·2025-11-10 08:18Group 1 - The core viewpoint of the news highlights a surge in consumer stocks in A-shares, particularly in sectors such as duty-free, airports, tourism, food, and liquor, with significant gains in companies like China Duty Free and Kweichow Moutai [1][2] - The October CPI increased by 0.2% year-on-year and month-on-month, marking the highest level in eight months, while the core CPI rose by 1.2%, continuing a six-month upward trend [2] - The implementation of new duty-free policies in Hainan saw a shopping amount of 5.06 billion yuan and 72,900 shoppers in the first week, representing year-on-year growth of 34.86% and 3.37% respectively [2] Group 2 - The tourism ETF rose by 5%, with major holdings including China Duty Free and Shanghai Airport, indicating strong investor interest in the sector [3] - The food and beverage ETF increased by 2.99%, with a total scale of 6.064 billion yuan and a net inflow of 2.973 billion yuan in the second half of the year, leading its category [3] - The current price-to-earnings (PE) ratio for the food index stands at 20.59, which is at the 7.55% historical percentile over the past decade, suggesting a potential value opportunity in the consumer sector [2]