Changes in Hong Kong stocks | Zhenjiu Li Du (06979) fell more than 4% in the afternoon and will issue interim results after the market, institutions say demand has entered the traditional low season

The Zhitong Finance App learned that Zhenjiu Li Du (06979) fell more than 4% in the afternoon. As of press release, it was down 4.42% to HK$7.885, with a turnover of HK$14.242,500.

According to the news, Zhenjiu Li Du plans to hold a board meeting on August 19 to approve the interim results. It's worth noting. Zhenjiu Li Du previously raised its revenue growth target for the full year 2026 from 10% to 15% and net profit from 600 million yuan to 800 million yuan at the shareholders' meeting.

Orient Securities pointed out that demand for liquor was still falling in July-August, and it is estimated that industry-level sales have declined 10-15% year on year since July. Guoxin Securities, on the other hand, said that demand has entered the traditional low season, and sales in the industry are relatively slow. Business banquets and further education banquets have recovered from last year, but there is still a gap compared to the same period in 2024; it is expected that the reporting side differentiation in the 26Q2 liquor sector will intensify, and inventory removal and pressure release are still the main lines.