According to the CITIC Construction Investment Research Report, judging from monthly data and market performance, the New Year's Eve market may show a distinct characteristic of “growth first, liquor reserves energy.” Currently, market capital is more inclined to lay out racetracks with clear prosperity and higher flexibility, such as the snack and dairy industry. With policy support and resonance with industry trends, monthly data continues to improve, becoming the core driving force of the New Year's Eve market. Meanwhile, the liquor sector is in the “refining” stage. As the Spring Festival approaches, terminal stocking demand is gradually starting to kick in. Recently, marginal changes in price stabilization and inventory decline by leading wine companies have begun to show. It is expected that after the Spring Festival, with the restoration of consumption scenarios and concentrated release of demand, liquor will usher in a valuation repair market.

According to the CITIC Construction Investment Research Report, judging from monthly data and market performance, the New Year's Eve market may show a distinct characteristic of “growth first, liquor reserves energy.” Currently, market capital is more inclined to lay out racetracks with clear prosperity and higher flexibility, such as the snack and dairy industry. With policy support and resonance with industry trends, monthly data continues to improve, becoming the core driving force of the New Year's Eve market. Meanwhile, the liquor sector is in the “refining” stage. As the Spring Festival approaches, terminal stocking demand is gradually starting to kick in. Recently, marginal changes in price stabilization and inventory decline by leading wine companies have begun to show. It is expected that after the Spring Festival, with the restoration of consumption scenarios and concentrated release of demand, liquor will usher in a valuation repair market.