KWEICHOW MOUTAI(SH:600519) Xin Lang Ji Jin·2026-02-04 03:07Group 1 - The food and beverage sector continues to strengthen, with the Huabao Food and Beverage ETF (515710) showing a price increase of 0.68% as of the latest report, reaching a peak intraday gain of 1.19% [1] - Key stocks in the sector, including dairy and beer companies, have performed well, with New Dairy and Yanjing Beer both rising over 3%, and other notable stocks like Guizhou Moutai and Shanxi Fenjiu increasing by more than 1% [1] - Guizhou Moutai announced a share buyback, having repurchased approximately 420,000 shares, representing 0.0333% of its total share capital, with a total expenditure of about 571 million yuan [1] Group 2 - According to Guosen Securities, Moutai is expected to maintain a steady price increase while experiencing strong sales during the Spring Festival, which will lay a foundation for the company's annual performance [3] - The food and beverage sector is currently at a historical low in terms of valuation, with the price-to-earnings ratio of the underlying index for the Huabao Food and Beverage ETF at 20.37 times, indicating a favorable long-term investment opportunity [3] - The upcoming Spring Festival is anticipated to boost demand in the food and beverage sector, as it is a peak consumption period, with expectations of strong performance in the first quarter of 2026 due to low comparative performance from the previous year [6] Group 3 - The Huabao Food and Beverage ETF (515710) tracks the CSI sub-index for the food and beverage industry, with approximately 60% of its portfolio allocated to leading high-end and mid-range liquor stocks, and nearly 40% to leading stocks in beverages, dairy, and condiments [4] - Investors can also access core assets in the food and beverage sector through the Huabao Food and Beverage ETF linked funds [4]