Hong Kong-listed E Fund Baijiu ETF (03189) surged over 3%, trading at 1.222 Hong Kong dollars, up 3.21% as of press time. The recent price adjustments by major baijiu producers have driven market sentiment.
In recent days, Moutai's offline directly-operated stores adjusted prices for four products: Feitian, Wuxing, classic edition Year of the Horse zodiac, and premium Moutai. The retail price of Feitian Moutai at these stores was raised to 1,753 yuan per bottle. This adjustment applies only to Moutai's 42 offline directly-operated stores nationwide. Notably, this marks the third price adjustment in the past month for Feitian Moutai and the fourth this year. Meanwhile, reports indicate that the wholesale price of the eighth-generation Wuliangye Yibin Co.,Ltd. has collectively surpassed 760 yuan per bottle in multiple regions, with a single-week increase exceeding 30 yuan per bottle.
Public information shows that the E Fund Baijiu ETF tracks the CSI Baijiu Index, covering top-tier baijiu leaders such as Kweichow Moutai Co.,Ltd., Shanxi Fenjiu, Luzhou Laojiao, Wuliangye Yibin Co.,Ltd., and Yanghe Shares. It is the only baijiu-themed ETF currently available in the Hong Kong market.
Kaiyuan Securities analysts believe that Moutai, as the industry's price anchor, stabilizing the price range of its core products helps stabilize the overall industry pricing. Price stability is a key indicator of the baijiu sector's health. Moutai's move is expected to boost price expectations across the industry. The baijiu sector's current valuation is at a recent low, with improved shareholding structures, presenting a clear bottom investment opportunity.
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