18只白酒股下跌 贵州茅台1402.00元/股收盘

Core Viewpoint - The recent performance of the liquor sector, particularly the leading companies, indicates a strategic shift towards inventory control and channel adjustments to ensure long-term health in the industry [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3965.28 points, up 0.04% [1] - The liquor sector index closed at 2184.11 points, down 1.16%, with 18 liquor stocks declining [1] - Notable individual stock performances include: - Kweichow Moutai at 1402.00 CNY/share, down 0.86% [1] - Wuliangye at 108.06 CNY/share, down 1.57% [1] - Shanxi Fenjiu at 175.00 CNY/share, down 1.52% [1] - Luzhou Laojiao at 117.21 CNY/share, down 1.83% [1] - Yanghe Brewery at 61.47 CNY/share, down 1.06% [1] Group 2: Industry Insights - CITIC Securities reports that leading liquor companies are holding important meetings to express their commitment to adjustments, reforms, and channel rebalancing, which is beneficial for the industry's long-term health [1] - Since the fourth quarter of this year, major liquor companies have implemented measures such as controlling shipments, reducing burdens on distributors, and promoting sales to lower channel inventory [1] - Considering the stabilization of sales and various factors including the consumption scenarios during the Spring Festival, actual liquor sales during the 2026 Spring Festival are expected to remain stable [1]