Core Viewpoint - The company Zhenjiu Lidu (06979) is experiencing a decline in stock price, attributed to a strategic decision to temporarily suspend recruitment of distributors in certain provinces to maintain market stability amid industry challenges [1] Company Summary - Zhenjiu Lidu's stock has dropped over 6%, currently trading at 8.87 HKD with a transaction volume of 36.53 million HKD [1] - The company announced a phase-wise suspension of distributor recruitment in Henan, Guizhou, Hunan, Shandong, and Yunnan provinces due to market saturation in some cities [1] - The decision aims to protect the interests of existing distributors and prevent increased competition in local markets [1] Industry Summary - The Chinese liquor industry is undergoing an adjustment period, facing high inventory levels and price inversions, leading to weak overall performance in wholesale prices during the first half of the year [1] - Reports indicate that while the price of Feitian Moutai has seen some decline, the actual market price remains around 2000 RMB per bottle, contrary to the frequently advertised price of 1499 RMB during the "Double Eleven" shopping festival [1]
港股异动 | 珍酒李渡(06979)再跌超6% 大珍阶段性暂停部分区域招商 白酒行业仍处调整期