KWEICHOW MOUTAI(SH:600519) Xin Lang Cai Jing·2026-01-05 02:07Group 1 - The food and beverage sector has shown a continuous upward trend, with the food and beverage ETF Huabao (515710) rising by 0.86% as of the report time [1][9] - Notable stocks in the sector include Dongpeng Beverage, which surged over 3%, and major liquor brands like Guizhou Moutai and Yanjing Beer, which increased by over 2% [1][9] - Other liquor stocks such as Shanxi Fenjiu, Wuliangye, and Yanghe also saw gains exceeding 1% [1][9] Group 2 - Guizhou Moutai announced the launch of its official app "i Moutai" on January 1, 2026, selling its flagship product at 1499 yuan, which sold out quickly, with over 100,000 users purchasing within three days [2][11] - On January 4, Guizhou Moutai reported a share buyback of approximately 87,100 shares, representing 0.007% of its total share capital, with a total expenditure of about 120 million yuan [3][11] - Guizhou Moutai is the largest holding in the food and beverage ETF Huabao, accounting for 14.89% of the fund's assets as of Q3 2025 [3][12] Group 3 - The valuation of the food and beverage sector is currently at a historical low, with the food and beverage ETF Huabao's underlying index PE ratio at 19.75, placing it in the 2.94% percentile of the last decade [4][12] - Analysts suggest that the current market conditions may present a good opportunity for long-term investment in the sector [4][12] Group 4 - Looking ahead, the liquor industry is expected to stabilize after experiencing policy impacts and price declines, with major companies like Moutai and Wuliangye implementing market-driven adjustments [5][13] - The liquor sector's valuation is anticipated to rise in 2026 as the market adjusts, with improved shareholder return awareness among companies [6][13] - The food and beverage ETF Huabao is recommended for investors looking to gain exposure to core assets in the sector, with a significant portion of its holdings in leading liquor brands and other beverage companies [14]