Xin Lang Cai Jing·2026-01-28 01:23Core Insights - The article discusses the launch of "Wine Price Reference" by Sina Finance, which provides real-time data on the retail prices of major Chinese liquor brands, highlighting a recent decline in prices [1][5] Price Trends - As of January 28, the average retail price of the top ten Chinese liquor products was 8,866 yuan, a decrease of 20 yuan from the previous day, marking a new low in the past five days [1][7] - The market showed a mixed performance with four products increasing in price and six decreasing; notable increases included a 6 yuan rise for premium Moutai and a 3 yuan rise for Crystal Jian Nan Chun [1][5] - Significant declines were observed in products like Qinghua Lang, which dropped 17 yuan, and Feitian Moutai, which fell by 9 yuan due to the impact of the iMoutai platform's regular supply [1][5] Market Analysis - The A-share liquor sector experienced a downturn, with the China Securities Liquor Index hitting a new low of 8,293.16 points, marking a continuous decline over six years [5][9] - Among the 20 stocks in the liquor sector, the average decline over the past 11 trading days was approximately 8.5%, with a median drop of 6.6% [5][9] - Despite the market adjustment, there was an increase in financing purchases, with Guizhou Moutai seeing a net buy of 3.166 billion yuan over the last ten trading days, reaching a 1.5-year high in financing balance [5][9]