贵州省又出新招！白酒大面积上攻，食品ETF（515710）逆市飘红！机构：白酒长期配置价值凸显

Core Viewpoint - The food and beverage sector experienced a rise against the market trend, with the Food ETF (515710) showing a recovery after a brief dip, indicating potential investment opportunities in this sector [1][7]. Group 1: Market Performance - The Food ETF (515710) opened lower but quickly rebounded, achieving a maximum intraday increase of 0.68% and closing up by 0.34% [1][7]. - Key stocks in the sector, particularly in the liquor category, saw significant gains, with New Noble rising over 9%, Yanjing Beer increasing by over 3%, and several others like Jiu Gui Jiu and Jin Zhong Zi Jiu rising over 2% [1][7]. Group 2: Policy Impact - On December 9, a draft policy from Guizhou Province aimed at promoting liquor sales was released, focusing on enhancing online sales and expanding market reach through various channels, including supermarkets and convenience stores [3][9]. - This policy is expected to directly benefit Guizhou liquor companies by creating new sales opportunities and stabilizing market expectations [3][9]. Group 3: Valuation Insights - The food and beverage sector is currently at a historical low in terms of valuation, with the Food ETF's underlying index PE ratio at 19.93, placing it in the 4.11% percentile of the last decade, suggesting a favorable long-term investment opportunity [3][9]. - Analysts recommend focusing on companies with strong demand stability and risk resilience, as well as those actively exploring new products and sales channels [10]. Group 4: Investment Recommendations - It is suggested to consider the Food ETF (515710) for exposure to core assets in the food and beverage sector, which includes a significant allocation to leading high-end and mid-range liquor stocks [10]. - The ETF also diversifies into beverage, dairy, seasoning, and beer sectors, with top holdings including renowned brands like Moutai and Yili [10].