With the continuous fermentation of "falling liquor prices and scalpers rebounding", Maotai, known as "hard currency", seems to have shaken the market's faith in it.

After a continuous downward trend, Maotai continued to decline at the beginning of this week.

On Monday, A-share liquor was weak across the board. Maotai opened lower in early trading, fell by nearly 3% to 1,511 yuan during the session, hitting a new low for the year. The midday decline narrowed to 1.48% to 1,531.99 yuan, with a turnover of more than 5 billion yuan.

Previously, under the influence of factors such as the sharp drop in Maotai liquor prices and the collective rebound of scalpers, Maotai suddenly became the focus of public opinion in the A-share market.

In the past week, Maotai's stock price has repeatedly hit new lows for the year.

Since the beginning of May this year, Maotai has been in a continuous "decline" mode, with a cumulative decline of nearly 13% so far.

Has the liquor price stopped falling? Big V voices are heard together.

According to the data released today by the liquor price, starting from the weekend, the price of Maotai liquor seems to have stopped falling and stabilized.On Saturday and Sunday, the reference wholesale price of a box of 24-year-old Feitian Maotai (500ml/53% ABV) rose from 2,550 yuan/bottle on Friday to 2,600 yuan/bottle, a rise of 50 yuan over two days; today's price continues to be stable.

In addition, the price of 24-year-old Feitian Maotai in bulk has risen from 2,230 yuan/bottle on Friday to 2,290 yuan/bottle, an increase of 60 yuan.

Earlier, liquor expert Quan Tu said that 2,500 yuan is the prosperity line for Maotai, 2,000 yuan is the caution line, and 1,500 yuan is the line of life and death, so the price of 2,000 yuan must be maintained.

In this round of turmoil, in addition to the "grabbing Maotai party" unable to hold on, many fund managers have begun to choose to switch lanes, adjust their positions and sell Maotai.But even as Maotai's liquor and stock prices continue to fall, many people still have faith.Recently, well-known investor Duan Yongping spoke out, saying that 2,000 yuan is the caution line that should be maintained, while 2,500 yuan is the prosperity line for Maotai.

During this round of turbulence, many fund managers have chosen to switch lanes, adjust their positions and sell Maotai.

But even as Maotai's liquor and stock prices continue to fall, many people still have faith.

Recently, well-known investor Duan Yongping spoke out.Please note that baijiu refers to Chinese liquor and fund refers to 基金.Even if the market is volatile, the essence and value of Moutai have not changed.

"The market is a voting machine in the short term and a weighing machine in the long term, so the market is still the market and Moutai is still Moutai."

He pointed out that if the electronics industry encounters difficult sales periods, the consequences will be severe. When Moutai encounters difficult sales periods, it only passively increases the number of vintages (earning more in the future).

Earlier,Renowned novelist Zijin Chen also "supports" MoutaiHe stated that he is confident in the company's performance growth for the next three to five years. Although the market price is volatile, long-term growth of Moutai is "100% certain."

At the same time, he also announced an increase in shareholding. In the face of a rapid decline in Moutai's stock price, he adjusted his buying strategy.

He plans to increase his holding every time the stock price drops by 50 yuan, with the goal of reducing his holding cost to below 1550 yuan. If the stock price falls to 1350 yuan, he will further increase his holding through financing.

But Bin also said that his bullishness on Moutai has never wavered.

Recently, he made a proposal to split Moutai's stock, believing that this will effectively boost Moutai's stock price.

He cited the example of Broadcom's announcement of a 1:10 stock split plan, which led to a significant increase in the stock price after the market closed. He pointed out that "in addition to performance growth, the culture of stock splits and buybacks in the US stock market has also helped boost market cap growth of enterprises."

What about the future trend of liquor stocks?

As the "backbone of A-shares", Moutai's continuous decline has also caused the entire liquor sector to collapse.

Many institutions have also expressed their views on the future trend of Moutai and liquor.

Guohai Securities stated that recently "Moutai's price decline" has become a buzzword. Self-media has played a role in fueling the flames and amplifying panic. It is expected that as the 618 shopping festival comes to a close, Moutai's wholesale price will stabilize and gradually recover.

Analyst Liu Jieming pointed out that the decline in Moutai's wholesale price is due to increased subsidies for the 618 e-commerce event, coupled with the marginal supply-demand imbalance brought about by the sluggish economic environment. Moutai's supply and demand relationship is easily adjustable, and it is expected that as the wholesale price rebounds, the market will return to normal.

Currently, the overall valuation of the liquor industry is at its lowest point of the year, with Moutai's stock price hitting a new low for the year. The medium- to long-term layout window is emerging.

Huajin Securities said that the fluctuation of Moutai's wholesale price is a short-term phenomenon,This means that the speed of industry clearance in the liquor industry is expected to accelerate.

From the fundamental analysis of the liquor industry, high-end liquor and brands with regional characteristics are worth paying attention to during the medium- to long-term industry adjustment period due to their stable performance.

In the short term, baijiu sales are still in a slow season. Investors can continue to pay attention to the trend of pricing and inventory reduction.

According to the research report from China Securities Co., Ltd., the recent price of Feitian Maotai has declined slightly, which reflects the current weak demand for baijiu. The recovery of business banquets is slow, and there has been some decline in demand for wedding banquets, resulting in an adjustment in the stock price of the baijiu sector.

Looking ahead to the second half of the year, with the strengthening of real estate policies, the business scene of baijiu may be boosted, and demand from events such as school banquets and Mid-Autumn Festival and National Day will drive market growth.

There is still room for improvement in the market share of high-quality baijiu brands. Leading enterprises still have good growth throughout the year, and the value of adjustment and configuration has been highlighted again recently. .