Core Insights - The "Wine Price Reference" by Sina Finance has launched, providing real-time data on the retail prices of major Chinese liquor brands, indicating a recent decline in prices after a period of high stability [1][7]. Price Trends - The average retail price of the top ten liquor products in China on February 14 was 9,167 yuan, a decrease of 22 yuan from the previous day, marking a low point for the week [1][7]. - Among the ten products, four saw price increases, five experienced declines, and one remained stable, indicating a mixed market performance [4][10]. Specific Product Pricing - Key price changes include: - Guizhou Moutai (Flying) at 1,784 yuan, down 6 yuan - Guizhou Moutai (Boutique) at 2,398 yuan, down 17 yuan - Wuliangye at 808 yuan, unchanged - Qinghua Fen at 388 yuan, up 4 yuan - Guojiao 1573 at 883 yuan, down 2 yuan - Yanghe Dream Blue M6+ at 607 yuan, down 6 yuan - Ancient Well Tribute at 542 yuan, up 4 yuan - Xijiu Junpin at 644 yuan, down 8 yuan [2][4][9]. Market Analysis - The data is sourced from approximately 200 collection points across various regions, including designated distributors and major e-commerce platforms, aiming to provide an objective and traceable market price reference [5][11]. - According to Huachuang Securities, the liquor sector is currently at a dual bottom in expectations and holdings, with the upcoming Spring Festival expected to boost sales, particularly for leading brands like Guizhou Moutai and Wuliangye [5][11].