贵州茅台股价跌破1400元 飞天茅台散瓶批发价创历史新低

Core Viewpoint - Guizhou Moutai's stock price continues to decline, falling below the 1400 yuan mark, with a total market value of 1.75 trillion yuan, ranking 7th in the A-share market [2] Group 1: Stock Performance - As of December 10, Guizhou Moutai's stock price is reported at 1394.35 yuan per share, marking a significant drop [2] - The stock price has been under pressure due to the continuous decline in Moutai liquor prices [2] Group 2: Liquor Pricing - The wholesale reference price for the 2025 53-degree 500ml Moutai has dropped to 1500 yuan per bottle, a decrease of 15 yuan from the previous day, reaching a historical low [2][3] - The original box product price remains at 1520 yuan, unchanged from the previous day [3] - The current price is approaching the official guide price of 1499 yuan, with a cumulative decline of over 30% from the initial prices of 2220 yuan and 2255 yuan [2] Group 3: Market Analysis - Multiple brokerages maintain a cautious short-term outlook while suggesting a gradual recovery in the medium to long term [4] - Guojin Securities notes that the decline in prices is due to strict control over distribution and poor market reception, but further price drops may be limited [4] - China Galaxy Securities indicates that the white liquor industry is still in an adjustment phase but is gradually entering a bottoming stage [4] - Zhongyin Securities highlights that despite the pressure on demand and prices, Moutai's brand scarcity and operational resilience remain strong, with a focus on long-term value and quality [4]