KWEICHOW MOUTAI(SH:600519) Sou Hu Cai Jing·2026-01-29 02:43Group 1: Market Performance - The food and beverage sector showed a strong rebound on January 29, with the Huabao Food and Beverage ETF (515710) rising by 1.07% during trading [1] - Major stocks in the liquor segment experienced significant gains, with Luzhou Laojiao increasing over 4%, and Kweichow Moutai and Gujing Gongjiu both rising over 3% [1] Group 2: Fund Holdings and Trends - As of January 26, the latest public fund top ten heavy stocks revealed that Kweichow Moutai remains a key holding, valued at 118.203 billion, ranking fourth among the top ten heavy stocks [3] - Kweichow Moutai is the largest holding in the Huabao Food and Beverage ETF, accounting for 14.76% of the fund's portfolio as of the end of 2025 [4] Group 3: Valuation Insights - The food and beverage sector is currently at a low valuation, with the food index's price-to-earnings ratio at 19.09, placing it in the 1.37% percentile of the last decade [4] - Analysts suggest that the food and beverage sector is at a low point in terms of fundamentals and valuation, indicating significant layout value [4] Group 4: Investment Opportunities - The Huabao Food and Beverage ETF primarily invests in leading high-end and mid-range liquor stocks, with about 60% of its portfolio allocated to these sectors [5] - Investors can also access the core assets of the food and beverage sector through the Huabao Food and Beverage ETF linked funds [5]