Xin Lang Cai Jing·2026-01-22 03:32Group 1 - The core viewpoint of the articles highlights the performance of the consumer sector in China, particularly the growth of brand value for Kweichow Moutai, which increased by 2.2% to reach $59.63 billion, ranking first in the global liquor industry [1] - The China Securities Index shows that the major consumer index has risen by 0.20%, with significant gains from stocks such as Hainan Rubber (+2.15%), Yanjing Beer (+1.64%), and Dongpeng Beverage (+1.53%) [1] - The market is currently favoring sectors like snacks and dairy, which are experiencing clear growth and higher elasticity, driven by policy support and improving monthly data, while the liquor sector is in a "bottoming out" phase [1] Group 2 - The major consumer index includes leading A-share consumer stocks across various categories, with liquor being the largest sector, accounting for over 38% of the index [2] - The top ten weighted stocks in the major consumer index, which include Yili, Kweichow Moutai, and Wuliangye, collectively account for 68.63% of the index [1] - Investors can also access the consumer recovery trend through the Consumption ETF linked fund (009180) [3]