Bei Jing Shang Bao·2025-12-30 07:44Core Viewpoint - The liquor sector in China is experiencing a slight decline, with major brands showing mixed performance in stock prices, while analysts predict a gradual recovery in the industry by 2026 [1]. Industry Summary - The Shanghai Composite Index closed at 3965.12 points on December 30, with the liquor sector index at 2173.07 points, down 0.51% [1]. - A total of 17 liquor stocks declined, with notable drops in major brands such as Kweichow Moutai, Wuliangye, and Shanxi Fenjiu [1]. - Kweichow Moutai's stock closed at 1389.72 yuan per share, down 0.88% [1]. - Wuliangye closed at 107.36 yuan per share, down 0.65% [1]. - Shanxi Fenjiu closed at 173.05 yuan per share, down 1.11% [1]. - Luzhou Laojiao saw a slight increase, closing at 117.85 yuan per share, up 0.55% [1]. - Yanghe's stock closed at 61.19 yuan per share, down 0.46% [1]. Analyst Insights - Guosheng Securities highlighted that leading companies are actively optimizing supply, with expectations for sales recovery in the upcoming spring festival [1]. - The report anticipates that by 2025, the industry will fully release risks, and by 2026, there will be a dual improvement in supply and demand [1]. - Short-term outlook suggests a recovery in sales during the spring festival, while the medium to long-term perspective indicates a gradual improvement in the industry [1].