Recently, there have been reports that some pawnshops are no longer accepting pawn business for liquor due to fluctuations in the price of Maotai. Reporters visited multiple pawnshops in Shenzhen and learned that many pawnshops do not accept Feitian Maotai, and the few that do offer much lower prices compared to the market price. In addition to Maotai, luxury cars such as BMWs are also being sold at discounted prices. Multiple analysts have stated that with the insufficient high-end consumption currently, residents are increasingly sensitive to prices and value for money. Changes in future consumption structure are expected to rebound and upgrade alongside the slow economic recovery process. (Securities Times)