智通财经网·2026-01-29 05:48Core Viewpoint - The stock of Zhenjiu Lidu (06979) has increased by over 6%, currently trading at 9.05 HKD, with a transaction volume of 84.5965 million HKD, indicating positive market sentiment towards the company and the broader liquor industry [1] Industry Summary - The price of 53-degree, 500ml Feitian Moutai has continued to rise, with the price for 2025 Feitian Moutai increasing by 20 CNY per bottle to 1620 CNY, and the 2026 version also rising by 20 CNY to 1610 CNY [1] - Guosheng Securities notes that the sales momentum for liquor during the Spring Festival is gradually starting, and the sales and price feedback from Moutai are expected to lead the industry to achieve better-than-expected improvements [1] - Open Source Securities highlights that the current valuation of the liquor sector is at a low point compared to recent years, with low market expectations and a favorable chip structure, indicating that the fundamentals are close to the bottom and present layout value [1] - The Spring Festival inventory preparation is expected to be a key catalyst for the sector's performance, with recommendations to focus on two main lines: one being stocks that have undergone sufficient adjustments and possess high elasticity, and the other being industry leaders with strong stability and risk resistance [1]