The latest data from the "Liquor Price Index" shows that the average retail prices of the top 10 premium baijiu products continued a slight downward trend on Thursday. The bundled price for one bottle of each of these top 10 products totaled 9,138 yuan, marking a 10-yuan decline from the previous day and hitting a new low for the month.
The daily data is sourced from approximately 200 collection points across China, including designated distributors, independent dealers, major e-commerce platforms, and retail outlets. The pricing reflects actual transaction data from the past 24 hours, ensuring an objective, traceable, and scientifically validated market reference.
Today's market showed mixed movements with structural divergences. Notably, Wuliangye Yibin Co., Ltd.'s (000858) flagship product, the Eighth Generation Wuliangye, rebounded sharply by 10 yuan per bottle after yesterday's significant drop triggered by distributor price adjustments, demonstrating resilience. Crystal Jiannanchun rose by 3 yuan per bottle, while Yanghe’s Dream Blue M6+ edged up 2 yuan per bottle. Fenjiu’s Blue & White 20 saw a modest 1 yuan increase. Luzhou Laojiao’s 1573 remained stable at yesterday’s level. On the downside, the previously strong-performing Qinghualang dropped 6 yuan per bottle. Gujing Gongjiu’s Gu20 declined by 6 yuan per bottle, and Xijiu’s Junpin retreated 5 yuan per bottle. Kweichow Moutai Co., Ltd.’s (600519) Feitian Moutai and Premium Moutai extended their gradual declines, falling 4 yuan and 5 yuan per bottle, respectively.
In corporate news, the two baijiu giants, Kweichow Moutai and Wuliangye, recently announced their mid-2025 dividend distribution plans, with a combined cash payout of approximately 40 billion yuan. Kweichow Moutai proposed a dividend of 23.957 yuan per share, totaling 30.001 billion yuan, while Wuliangye planned a dividend of 25.78 yuan per 10 shares, amounting to 10.007 billion yuan. Based on their closing prices on December 10 (1,402.80 yuan for Kweichow Moutai and 111.62 yuan for Wuliangye), their dividend yields stand at 1.71% and 2.31%, respectively.
Kweichow Moutai’s ex-dividend date is set for December 19, 2025, with the record date on December 18. Wuliangye’s record date is December 17, and its ex-dividend date is December 18, 2025.
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