Cinda Securities: Improvement in csi sws food & beverage index allocation in 2024Q3 compared to the previous quarter, focusing on baijiu and mass market sectors.

Looking at the changes in individual industries, in the third quarter of 2024, SW baijiu, beer, dairy products, processed food, seasoning and fermentation products, and snack food increased by +17.87%, +14.94%, +14.34%, +25.27%, +27.23%, and +19.23% respectively.

Zhitong FinanceOct 31 03:51 ET

Kweichow Moutai Co., Ltd. (SHSE:600519) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Simply Wall StOct 28 18:08 ET

Research Reports Prospecting | The Pacific Securities: Kweichow Moutai's performance meets expectations, with a 'buy' rating.

Pacific Securities' research report pointed out that Kweichow Moutai (600519.SH) achieved a net income attributable to shareholders of 60.828 billion yuan in the first three quarters, a year-on-year increase of 15.0%; among which, the third quarter net income attributable to shareholders was 19.13 billion yuan, a year-on-year increase of 13.2%. The company's performance meets expectations, and the full-year target is expected to be achieved. As of the end of the third quarter, the company has a total of 2122 and 106 dealers domestically and internationally, with a net increase of +42/0 respectively since the beginning of the year. Looking ahead to the full year, the company has a strong certainty in achieving the 15% revenue target, values shareholder returns, and comprehensively safeguards shareholder interests from increasing shareholdings by major shareholders, continuous dividends to share repurchases and cancellations, enhancing overall shareholder rights and interests.

Gelonghui FinanceOct 28 03:16 ET

China Merchants: Maintains a "recommended" rating for the food & beverage industry. Expectations for the baijiu industry are low. Food inventory relatively benign.

Given the continuous policy stimulus and adjustments on the supply side of enterprises, the sector's potential for improvement in the future is higher than its current performance.

Zhitong FinanceOct 27 23:19 ET

Kweichow Moutai's Q3 Profit Jumps 13%

MT NewswiresOct 27 22:10 ET

Illustrated Active Equity Fund Third Quarter Report

Zhang Kun and Zhu Shaoxing's latest hold positions.

Gelonghui FinanceOct 27 05:48 ET