KWEICHOW MOUTAI(SH:600519) 中国基金报·2026-01-04 05:20Core Viewpoint - The wholesale price of the 2025 Flying Moutai has dropped below the official guidance price of ¥1499 per bottle, indicating a downward trend in the market [2][3]. Price Trends - As of January 4, 2026, the wholesale price for the 2025 Flying Moutai (loose bottle) is reported at ¥1490, down from ¥1590 on December 24, 2025, reflecting a decrease of ¥100 [2]. - The price for the 2025 Flying Moutai (original box) remains stable at ¥1505, while the 2024 and 2023 versions have not changed in price [3]. Sales Performance - Following its launch on January 1, 2026, the Flying Moutai sold out quickly, with over 100,000 users purchasing the product within three days [4]. - To accommodate demand during the upcoming Spring Festival, the purchase limit for Flying Moutai has been adjusted to 6 bottles per person per day starting January 4, 2026 [4]. Market Dynamics - The price of the 2025 Flying Moutai has shown volatility, with fluctuations observed since December 25, 2025, leading to a continued decline in prices into the new year [3][5].