haitong sec: baijiu companies jointly cope with slowing down, beer volume and price are under pressure, waiting quietly for a recovery.

baijiu actively slows down to relieve pressure due to weak demand, exacerbating differentiation and highlighting the Matthew effect; beer Q3 demand is weak, leading to pressure on volume and price in the peak season, with cost benefits continuing to support profitability.

Zhitong FinanceNov 11 02:25 ET

Guosheng Securities: Fiscal policy intensifies as csi sws food & beverage index continues to advance.

On November 8th, the Ministry of Finance announced that an additional 6 trillion yuan of local government debt quota will be used for future three years of debt conversion, marking the most significant debt reduction measures in recent years. At the same time, a more powerful fiscal policy will continue to be implemented next year, demonstrating the government's unwavering determination to strengthen the economy.

Zhitong FinanceNov 11 01:37 ET

kweichow moutai's mid-term dividend is 30 billion yuan. The earliest buyback can be initiated on the 28th of this month. | Quick announcement.

1. Kweichow Moutai plans to distribute a mid-term dividend of 23.882 yuan per share (including tax), with a total cash payment of 30 billion yuan, which meets expectations; 2. In the afternoon of the 27th of this month, Kweichow Moutai will convene a shareholder meeting to deliberate on the repurchase matters, and it is expected to smoothly obtain shareholder approval, meaning that the company can start the repurchase process as early as the next day; 3. Recently, several brokerages have lowered their expectations for Kweichow Moutai's performance growth in 2025, generally expecting around 10%-11%.

cls.cnNov 8 07:45 ET

Express News | Kweichow Moutai Says It Plans to Pay Cash Dividend of 23.882 Yuan per Share to All Shareholders

ReutersNov 8 04:50 ET

kweichow moutai (600519.SH): In 2024, the mid-term profit distribution is planned to distribute a cash dividend of 30 billion yuan.

Gelonghui 8th November | Kweichow Moutai (600519.SH) announced the 2024 interim profit distribution plan, as resolved by the board of directors, the company plans to implement the 2024 interim profit distribution plan using the total share capital of the company as the basis. The company intends to distribute a cash dividend of 23.882 yuan (tax included) per share to all shareholders. As of 30th September 2024, the total share capital of the company was 1256.1978 million shares, based on which a total cash dividend of 30 billion yuan (tax included) is proposed.

Gelonghui FinanceNov 8 04:47 ET

zheshang Securities: In Q3 24, liquor companies take the initiative to control speed, while leading liquor companies still have resilience.

In the third quarter of 2024, liquor enterprises took the initiative to control speed, striving to resolve the supply-demand contradictions and inventory pressure in their development, with revenue/profits of kweichow moutai, anhui gujing distillery, shanxi xinghuacun fen wine factory, sichuan swellfun, hebei hengshui laobaigan liquor meeting expectations.

Zhitong FinanceNov 8 03:35 ET