Dec 27, 2020 08:49 PM (GMT+8) · EqualOcean
Wang Ran, deputy general manager of Equity Research Department of Dongfang fund, said that the liquor industry continued the upward trend of the past few years, mainly driven by the high-end liquor price increase and large volume driven by consumption upgrading. At present, the liquor sector is still in the cycle of prosperity rise, in which the improvement logic is fulfilled quarter by quarter and the liquor enterprises control the goods and prices, and the overall situation is basically good. We are optimistic about the continuous recovery of liquor sales in the Spring Festival next year, the upgrading of medium and long-term products, and the further increase of leading market share. As for the recent loosening of funds in groups, she believes that the main problem is the transaction level, which has nothing to do with the fundamentals.