1月29日午后，白酒板块涨势不止，泸州老窖、舍得酒业、酒鬼酒、水井坊等多股齐齐涨停，万亿市值 贵州茅台强势上涨超8%，成交大幅放量至215亿元。食品饮料ETF（515170.SH）涨超5%，接近弥合1月 以来所有跌幅。 刚刚披露的公募基金2025年四季报显示，白酒基金持仓从2020年高点的16%下降到当前的3.93%，较三 季报的6.4%进一步降仓。贵州茅台在前十大重仓股中退至第四。 西部证券曹柳龙指出：当前公募基金持仓白酒已经低于第二轮（2009年）和第四轮（2019年）白酒周期 启动时的仓位，筹码进一步出清，新一轮周期启动的筹码条件已基本满足。 板块的低估值+高股息率，也为食品饮料板块投资额外提供了较好的安全垫。 关注食品饮料ETF （515170.SH）及其联接基金（013126.OF）被动跟踪中证细分食品指数（000815.CSI），指数最新PE- TTM仅19倍，位于近十年1%分位数，也就是说比历史上99%时间都要"便宜"，处于极度低估区域。 华夏基金数量投资部分析称，自2021年初以来，食品饮料板块已经连续调整近五年，行业悲观预期或已 充分释放。复盘历史数据，连跌3~4年的板块往往有反转。像202 ...

Group 1 - The core logic behind the current market speculation on the liquor sector is the positive expectations for sales during the upcoming Spring Festival and the highlighted value of industry bottom configurations [2][4] - As the Spring Festival approaches, traditional consumption scenarios for liquor are recovering, and institutional research reports are optimistic about the industry's recovery trend, leading to capital inflows into undervalued liquor stocks [2][4] - Various local regions have introduced supportive policies, reinforcing market confidence in the long-term development of the liquor industry [2][4] Group 2 - Some Moutai distributors have sold out their quotas for January and February, driven by pre-holiday stocking and Moutai's volume control strategy, which may lead to price increases [3] - The price of Moutai has seen a rise, with the original box price increasing by 20 yuan to 1610 yuan per bottle, while the price for loose bottles remains around 1570 yuan [3] - Citic Securities reports that the liquor industry is set to enter a marketing phase for the Spring Festival, focusing on market cultivation and consumer education to promote sales [4] Group 3 - High-end liquor brands are expected to benefit from the recovery of consumption scenarios such as business banquets and gift-giving during the Spring Festival, leading to a rebound in wholesale prices and sales [5] - Regional liquor companies are leveraging local market advantages and adjusting channel strategies to break through in a competitive environment, with some launching affordable products to meet consumer demand [5] - Service providers in liquor production areas are likely to see growth opportunities as regions promote digital transformation and cultural integration, enhancing production efficiency and brand value [5]

21世纪经济报道.21快讯记者发现，第三方报价平台"今日酒价"显示，1月29日，2026年原箱飞天茅台价格单瓶价格上涨20元为1610元/瓶，散瓶的价格保持 在1570元/瓶，而前几日茅台的批价约为1550元/瓶。 | 茅台飞天 | | 2026年1月29日 (公众号:今日酒价) | | | --- | --- | --- | --- | | 品名 | 规格 | 昨日行情 | 今日行情 | | 226年飞天(原) | 53度/500ml | 1590 | 1610 8 | | 226年飞天(散) | 53度/500ml | 1570 | 1570 | | 25年飞天(原) | 53度/500ml | 1600 | 1620 1 | "i茅台"平台上，1499元的普茅连续第29天在多次秒空后再次显示售罄。 段永平：茅台当前股价"不贵" 1月29日午后，白酒股大涨，截至13:43，酒鬼酒（000799）、皇台酒业（000995）涨停，舍得酒业（600702）、水井坊（600779）、泸州老窖（000568） 涨逾8%，贵州茅台（600519）走出长阳涨逾6%。 飞天茅台涨价至1610元 消息面上，据智通财经报道， ...

Core Viewpoint - The article highlights the recent surge in the stock prices of liquor companies, particularly Moutai, driven by strong demand during the Spring Festival season and rising prices of Moutai products [1][4]. Price Movements - Moutai's "Flying Moutai" price has increased to 1610 yuan per bottle, reflecting a 20 yuan rise from previous days, while the price for loose bottles remains at 1570 yuan [4][5]. - The price of the 25-year Flying Moutai has also risen to 1620 yuan per bottle [5]. Market Performance - Moutai's stock price has recently underperformed, with a decline of 1.44% on January 28, marking a 15-month low and a year-to-date drop of 3.88% [6][7]. - Investor sentiment is mixed, with some expressing interest in buying at lower prices, while others caution against a quick rebound in stock value [9]. Investor Insights - Notable investor Duan Yongping commented that Moutai may not be suitable for those looking for quick profits, but he believes it is not overpriced when viewed over a 10-year horizon [9]. - Duan Yongping holds 40,000 shares of Moutai and plans to purchase an additional 20,000 shares at a price of 1365 yuan, although he later deleted this post [9].

每经AI快讯，1月29日，白酒板块午后持续走高，水井坊、舍得酒业、皇台酒业、酒鬼酒、金徽酒涨 停，泸州老窖逼近涨停，金种子酒、古井贡酒、山西汾酒、贵州茅台均涨超7%。 （文章来源：每日经济新闻） ...

近日，知名投资人段永平再度发声，称拉长时间看，当前（茅台）股价"真的不贵"。他非常看好i茅台App直销飞天茅台酒 的举措，并表示该模式至少解决两个问题：一是解决了假酒问题，这个释放的购买力是难以想象的；二是价格高企问题， 这个释放的购买力也是巨大的。 （文章来源：上海证券报） | < V | 白酒 | | | E | () | | --- | --- | --- | --- | --- | --- | | | 2278.33 3.28% | | | | | | 王日 分时 | 日 K | 間K | 月Ｋ | 更多,◎ | | | 成份股 | Here Dina | | | 资讯 | | | 名称 | 最新 | | 涨幅 ↓ | | 涨跌 | | 皇台酒业 000995 | 14.48 | | 10.03% | | 1.32 | | 酒鬼酒 000799 融 | 56.85 | | 10.00% | | 5.17 | | 泸州老窖 000568 點 | 122.78 | | 8.71% | | 9.84 | | 水井坊 600779 融 | 41.48 | | 8.67% | | 3.31 | | 舍得酒业 6 ...

吃喝板块今日（1月29日）午后继续猛攻！反映吃喝板块整体走势的食品饮料ETF华宝（515710）午后直线猛拉，截至发稿，场内价格涨3.2%！ 成份股方面，白酒集体猛攻，截至发稿，酒鬼酒、舍得酒业、水井坊飙涨超9%，泸州老窖大涨超8%，金种子酒、古井贡酒双双涨超6%，贵州茅台、金徽酒 涨超5%，五粮液、山西汾酒、洋河股份等白酒龙头亦集体飘红。 图片、数据来源：沪深交易所等，截至2026.1.29。 注：投资者在申购或赎回基金份额时，申购赎回代理券商可按照不超过0.5%的标准收取佣金，其中包含证券交易所、登记机构等收取的相关费用。食品饮 料ETF华宝不收取销售服务费。 食品饮料ETF华宝联接A申购费率为：100万元以下，1%；100万元（含）-200万元，0.6%；200万元（含）以上，每笔1000元。赎回费率为：7天以内， 1.5%；7天（含）-180天，0.5%；180天（含）-以上，0%。 本周以来，多款飞天茅台价格涨幅明显，与1月26日相比，2026年飞天茅台原箱（53度/500ml）上涨了55元，2026年飞天茅台散瓶上涨了20元；2025年飞天 茅台原箱（53度/500ml）上涨了55元，2025年飞 ...

华经产业研究院为助力企业、科研、投资机构等单位了解酒精饮料行业发展态势及未来趋势，特重磅推 出《2026-2032年中国酒精饮料行业市场调查研究及投资风险评估报告》，本报告由华经产业研究院研 究团队对酒精饮料行业进行多年跟踪研究，使用桌面研究与定量调查、定性分析相结合的方式，全面解 读酒精饮料行业市场，深度挖掘行业潜在商机；科学运用研究模型，多维度对行业投资风险进行评估后 精心研究编制。 内容全面 全方位解读市场,全链条挖掘商机,多维度评估商业风险 饮料是指以水为基本原料，由不同配方和制造工艺生产出来，供人们直接饮用的液体食品，饮料一般可 分为含酒精饮料和无酒饮料。其中，酒精饮料是指供人们饮用的且乙醇含量在0.5%vol以上的饮料。酒 精饮料主要可分为发酵酒、蒸馏酒、配制酒三大类，其中蒸馏酒由于制作过程存在高温蒸馏提纯环节， 酒精含量较高，酒体可保存时间更长，相应具备陈年基础。 酒精饮料行业产业链涵盖从原材料供应到最终消费的各个环节。上游主要由原料供应、包装材料、生产 设备等构成，原料供应环节涉及粮食（如大麦、玉米）、水果（如葡萄、苹果）等基础原料的种植与采 购，包装材料主要有玻璃瓶、塑料瓶、易拉罐等，生产设 ...

Core Viewpoint - The food and beverage sector is experiencing a significant rally, particularly in the liquor segment, with notable price increases for major brands as the Spring Festival approaches [1][3][4]. Group 1: Market Performance - The food and beverage ETF, Huabao (515710), surged by 3.2% in the afternoon session on January 29 [1][9]. - Major liquor stocks saw substantial gains, with brands like Jiu Gui Jiu and She De Jiu Ye rising over 9%, and others like Lu Zhou Lao Jiao increasing by over 8% [1][9]. - The price of 2026 Feitian Moutai (53 degrees/500ml) reached 1610 CNY per bottle, up 20 CNY from the previous day, while the 2025 version was priced at 1620 CNY, also up 20 CNY [1][11]. Group 2: Price Trends - Since January 26, the price of 2026 Feitian Moutai has increased by 55 CNY for the original box and 20 CNY for the loose bottle, with similar increases observed for the 2025 version [3][11]. - The 2024 Feitian Moutai original box also saw a price rise of 50 CNY [3][11]. Group 3: Valuation Insights - The food and beverage sector is currently at a low valuation, with the PE ratio of the underlying index for the food and beverage ETF at 19.09, placing it in the 1.37% percentile of the last decade [3][11]. - This low valuation suggests a favorable long-term investment opportunity in the sector [3][11]. Group 4: Investment Recommendations - Pacific Securities recommends focusing on the liquor sector as it is at a bottom configuration window, suggesting potential for a rebound during the Spring Festival [4][12]. - The food and beverage ETF Huabao is highlighted as a key asset for investors, with approximately 60% of its portfolio allocated to leading high-end and mid-range liquor stocks [4][12].

Group 1 - The food and beverage sector experienced a strong rally, with leading liquor stocks significantly rising, reflecting the overall trend of the sector [1] - The ETF tracking the food and beverage sector, Huabao (515710), surged by 3.73% in the afternoon, indicating positive market sentiment [1] - Major liquor brands such as Jiu Gui Jiu, She De Jiu Ye, and Shui Jing Fang saw increases exceeding 9%, while other notable brands like Lu Zhou Lao Jiao and Guizhou Moutai also posted substantial gains [1] Group 2 - As the Spring Festival approaches, the price of Moutai continues to rise, with the 2026 version priced at 1610 yuan per bottle, an increase of 20 yuan from the previous day [1] - Pacific Securities highlighted that the liquor sector is at a bottom configuration window, suggesting a focus on the potential rebound during the Spring Festival [1] - The current valuation of the food and beverage sector remains low, with a price-to-earnings ratio of 19.09, indicating a favorable long-term investment opportunity [2]