Xin Lang Cai Jing·2025-12-12 02:05Group 1 - The central economic work conference emphasized the importance of domestic demand and initiated actions to boost consumption, including plans for increasing residents' income and optimizing policies to enhance service consumption potential [2] - The food and beverage ETF Tianhong (159736) has seen significant inflows, with a total of 38.69 million yuan in net inflows over three days, indicating strong investor interest in the sector [1] - Major Chinese liquor companies, Kweichow Moutai and Wuliangye, announced substantial mid-term cash dividends totaling 400 billion yuan, reflecting their strong financial performance and commitment to returning value to shareholders [3] Group 2 - The food and beverage ETF Tianhong (159736) allocates approximately 60% of its portfolio to leading high-end and mid-range liquor stocks, with the top ten holdings including major brands like Moutai and Wuliangye [1] - The central economic work conference's focus on enhancing domestic consumption and investment is expected to positively impact the consumer goods sector, particularly in the context of policies aimed at promoting service consumption [2][3] - The announcements of cash dividends by Kweichow Moutai and Wuliangye are indicative of the robust profitability in the liquor industry, which is likely to attract further investment interest [3]