Zhongtai Securities: The expansion of instant retail is unlocking channel-driven growth opportunities for the alcoholic beverages sector; we recommend focusing on leading companies with strong distribution networks and brand power.

We recommend focusing on leading beer companies that possess robust omnichannel capabilities and can launch products tailored to instant channel‑matching, thereby fully capitalizing on the growing demand from younger consumers and increased consumption across all time periods.

Zhitong FinanceJul 8 04:49 ET

Huachuang Securities: A preliminary turning point in baijiu sales has emerged in certain regions, and with a low base in the second half of the year, the sector is expected to see marginal recovery.

In the first half of the year, the industry remained in a left‑side correction phase. On the supply side, most liquor producers have stopped piling up inventory, and stock levels are gradually being unwound. As a result, the second quarter has effectively become the final stress test for demand, financial reporting, and pricing.

Zhitong FinanceJun 21 19:46 ET

Shenwan Hongyuan: Bullish on the systemic recovery opportunity in the food and beverage sector in 2026, with a focus on cyclical spirits and restaurant supply chains.

If fundamentals recover as expected, the sector is anticipated to experience a dual boost from both valuation and earnings by late 2026 to early 2027, making high-quality baijiu stocks strategically positioned for allocation.

Zhitong FinanceJun 9 04:35 ET

Luzhou Laojiao Taps Connected Consortium for 345 Million Yuan Marketing Center Project

MT NewswiresJun 8 22:15 ET

CITIC Securities: Retail transformation is still in its early stages; baijiu producers are advancing supply-side innovation by moving closer to consumers.

In the baijiu sector, Moutai is leading the shift from B2B to B2C. Supply-side innovations include health-oriented, functional, and entirely new sub-category directions, with related sub-segments maintaining high market sentiment.

Zhitong FinanceJun 5 04:50 ET

CITIC Securities: The liquor industry is in a phase of gradual recovery; long-term allocation opportunities are recommended.

Overall, the sector is in a phase of gradual recovery, with industry leaders already showing signs of bottoming out. Long-term allocation opportunities are worth monitoring.

Zhitong FinanceJun 4 21:34 ET