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"Golden September effect" failed, Maotai's stock price hits a new low. How much longer will the liquor stocks go downhill?
The problem of "high inventory" is still significant.
During the peak season of Mid-Autumn Festival, the wholesale price of Feitian Maotai fell below 2600 yuan. Maotai responded: the overall market is relatively stable.
According to Kweichow Moutai, the increase in the proportion of wholesale channel revenue in the first half of the year is mainly due to the increase in the ex-factory price of Feitian Moutai and other products. There has been no increase in dealers for Moutai liquor, and the 18 newly added dealers are all dealers of the series of Moutai liquor. The company's policy towards Moutai liquor dealers remains unchanged.
Private Companies Invested in Kweichow Moutai Co., Ltd. (SHSE:600519) Copped the Brunt of Last Week's CN¥57b Market Cap Decline
CSI SWS food & beverage index: the leading company in the food and beverage industry maintains operational resilience, focusing on the high-growth track benefiting from consumption upgrade.
Maotai Group's leading liquor brands demonstrate significant competitive advantages, with performance continuing to achieve high-quality growth; the leading operations of certain real estate liquor businesses remain stable, sustaining positive growth momentum.
Is There An Opportunity With Kweichow Moutai Co., Ltd.'s (SHSE:600519) 42% Undervaluation?
Duan Yongping increases holdings in Tencent, latest trends revealed.
Duan Yongping suddenly bought some Tencent stock last night. Duan Yongping said that if Tencent's investment part is considered, the actual PE ratio has already fallen below 20. Tencent's financial report was released on the evening of August 14, 2024, with Q2 revenue of 161.117 billion yuan, a year-on-year increase of 8%, a month-on-month increase of 1%, and an expected 161.35 billion yuan; adjusted net income of 57.313 billion yuan, a year-on-year increase of 53%, a month-on-month increase of 14%, and an expected 48.67 billion yuan. In terms of revenue, the revenue from value-added services increased by 6% to 78.8 billion yuan year on year; the revenue from international market games increased by 9% to 13.9 billion yuan; the revenue from local market games increased.
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