On November 4, after a few days of silence, the concept of liquor broke out, as of the close, Gujing Tribute Wine rose and stopped, Jinshiyuan, Golden Seed Wine, Yanghe Shares rose by more than 6%, Luzhou Laojiao, Shanxi Fenjiu, Wuliangye and other shares have risen to varying degrees. Guizhou Moutai rose 2.22%, and the stock price returned to above 1800 yuan.
In terms of capital flow, liquor concept stocks today received the main funds to grab a large amount of money, as of the close, Wuliangye, Luzhou Laojiao, Yanghe shares, Guizhou Moutai net inflow of 1.265 billion yuan, 829 million yuan, 759 million yuan, 651 million yuan. In addition, Gujing Tribute Wine and Shede Liquor Industry have received a net inflow of more than 200 million yuan.
The data after the Gujing Gong liquor plate shows that the institutional game is fierce. The four institutional seats sold a total of 101 million yuan, and the two institutional seats bought 82 million yuan. Northbound funds bought $115 million and sold $76 million.
Huachuang Securities believes that the quality of liquor in the third quarter is relatively high, and the growth rate of revenue and profit has slowed down slightly, but the actual cash flow is generally better than the report income, the growth of high-end liquor companies is stable, and the sub-high-end retention is obvious, reflecting the steady growth of the industry and sufficient retention at the report level. High-end liquor has reached the value range, and regional faucets have been allocated in stages. Looking forward to the end of the year to the next year, the certainty of high-end liquor is still the strongest, the expansion of the sub-high-end next year or will face a high probability of slowing down, regional leaders in the product continued to upgrade, reform expectations have more than expected opportunities.
CITIC Construction Investment Research Report pointed out that the current industry boom cycle is still in place, the channel ecology is healthy, the internal differentiation of the industry has lasted for several years, and leading enterprises can still maintain a high growth rate. The pattern of high-end liquor enterprises is stable and steady, the national expansion and structural upgrading of sub-high-end liquor enterprises are brewing huge growth opportunities, the hardware advantages formed by the products, brands and channels of the head liquor enterprises are expected to be further enlarged under the landing of internal incentives, ushering in a new stage of performance growth, and continue to recommend high-end liquor Luzhou Laojiao, Guizhou Maotai, Wuliangye, sub-high-end Shanxi Fenjiu, drunkard liquor, Shuijingfang, regional liquor leader Gujing Tribute Liquor, etc.