Xin Lang Cai Jing·2025-12-15 02:41Group 1 - The white liquor sector experienced a collective rebound on December 15, 2025, with E Fund White Liquor (03189.HK) rising nearly 2% during trading, and stocks like Jiu Gui Jiu, Jin Hui Jiu, and Jin Zhong Zi Jiu increasing over 4% [1] - E Fund White Liquor is the first exchange-traded fund in the Hong Kong market focused on the mainland white liquor industry, closely tracking the China Securities White Liquor Index, which selects stocks related to white liquor production [1] - The top ten weighted stocks in the index include leading liquor companies such as Kweichow Moutai, Wuliangye, and Luzhou Laojiao [1] Group 2 - Guosen Securities reports that leading liquor companies like Moutai and Wuliangye are proactively managing supply and pricing to alleviate pressure on distributors and stabilize market prices, which is expected to enhance market confidence [2] - The demand for white liquor is stabilizing, and with supply clearing, there is an expectation for improved sales during the Q1 2026 Spring Festival, followed by a potential recovery in the second half of the year due to low base effects [2] - E Fund White Liquor (03189.HK) is the world's first white liquor-themed ETF, focusing on leading companies in the Chinese white liquor industry [2]