The Zhitong Finance App learned that Zhenjiu Li Du (06979) fell by more than 4%. As of press release, it fell 3.67% to HK$11.02, with a turnover of HK$79,3634 million.
According to the news, Dongwu Securities pointed out that although Pufei's price fluctuations have amplified demand concerns, the bank believes that with Maotai liquor's bulk-price bubble extrusion, consumption has entered a strong real support range, and is optimistic that subsequent Maotai price stabilization will protect the market, and that under Maowu Fen's price leadership, industry prices will remain stable.
Everbright Securities, on the other hand, believes that market risk appetite is expected to increase further in the second quarter. It is recommended to continue to pay attention to the allocation value of the liquor sector. The off-season price trend may be the core driver of subsequent valuation restoration: recommend Li Du, a rare wine that has benefited from the dividends of the soy wine industry.