吃喝板块行情遇冷，食品ETF（515710）跌超1%！白酒龙头释放积极信号，机构坚定看好中长期配置价值！

Group 1 - The food and beverage sector experienced a decline on December 4, with the Food ETF (515710) dropping 1.16% and marking three consecutive days of losses [1][8] - Major stocks in the sector, particularly in the liquor category, saw significant declines, with Luzhou Laojiao, Shanxi Fenjiu, and Shede Liquor each falling over 3% [1][8] - The overall market sentiment indicates a challenging environment for consumer staples, as several mass-market products also performed poorly [1][8] Group 2 - Guizhou Moutai held a temporary shareholders' meeting where several key resolutions were passed, including the election of directors and share buyback plans [1][10] - The new chairman, Chen Hua, emphasized the commitment to high-quality development and sustainable value creation during discussions with investors [1][10] - Moutai remains a dominant player in the Food ETF, accounting for 14.89% of the fund's holdings as of the third quarter of 2025 [3][10] Group 3 - The valuation of the food and beverage sector is currently at historical lows, with the Food ETF's underlying index PE ratio at 20.45, placing it in the 7.05% percentile over the past decade [4][11] - Analysts suggest that this may present a favorable opportunity for left-side positioning in the sector [4][11] - Institutions are optimistic about the food and beverage sector for 2026, highlighting potential growth driven by consumer demand and innovative health products [5][12] Group 4 - The Food ETF (515710) tracks the China Securities Index for the food and beverage sector, with approximately 60% of its holdings in high-end and mid-range liquor stocks [5][13] - The top ten weighted stocks in the ETF include major brands such as Moutai, Wuliangye, and Yili [5][13] - Investors can also consider connecting funds to gain exposure to core assets in the food and beverage sector [5][13]