食品饮料行业周报：政策强刺激，信心快速回升

Investment Rating - The report maintains a "Recommended" investment rating for the food and beverage industry [6]. Core Insights - The food and beverage sector is experiencing a strong rebound, particularly in the liquor segment, driven by favorable monetary policies and positive signals from political meetings, which have boosted market confidence and liquidity [6]. - The report emphasizes the strong anti-risk capability and profitability of the liquor sector, suggesting that despite a slower recovery in demand compared to market sentiment, there are still strong performance indicators for certain stocks [6]. - The report recommends focusing on undervalued stocks with strong earnings certainty, particularly in the liquor segment, highlighting specific companies such as Moutai, Wuliangye, and Luzhou Laojiao [6]. Summary by Sections Industry News - 16 liquor stocks rose over 10% on the same day [13]. - The liquor industry is seeing significant developments, including the establishment of a 10 billion yuan liquor packaging park in Xishui and the cultivation of four liquor companies with over 1 billion yuan in revenue in Yibin [13][14]. Company News - Moutai has seen substantial fund increases, with multiple funds increasing their holdings by over 10 billion yuan [14]. - Luzhou Laojiao is adjusting its stock repurchase price and has announced the repurchase of some restricted stocks [14]. Investment Strategy - The report maintains a recommended order of sub-sector preference: liquor > beer > snacks = soft drinks > frozen foods > condiments > dairy products [6]. - The liquor sector has shown a weekly increase of 29.49%, benefiting from recent policy changes and market recovery [6]. - The report suggests that while the demand recovery may lag behind market sentiment, certain stocks with strong earnings certainty will support valuations [6]. Key Recommended Stocks - The report highlights specific stocks to focus on, including Moutai, Wuliangye, Luzhou Laojiao, Shanxi Fenjiu, and others in the liquor segment [6]. - For the consumer goods sector, it recommends leading companies in various categories such as condiments, frozen foods, beer, snacks, dairy, and soft drinks [6].