To The Moon

I am not optimistic about Zhenjiu Lidu’s listing in Hong Kong, mainly because Hong Kong stocks are still affected by the Fed’s interest rate hike Like other markets such as $Nasdaq100 Bull 3X ETF(TQQQ)$ and $Semiconductor Bull 3X Shares(SOXL)$ ,$Nasdaq100 Bear 3X ETF(SQQQ)$  and investors are very lacking in confidence in new stocks. This is because Hong Kong stocks are mainly affected by the U.S. stock market, and the trend is usually very likely to follow the U.S. The trend goes. As for the $HSI(HSI)$ Hang Seng Index.HK, the current trend is hovering at the level of 20,000 to 21,000 points, and it is difficult to have the ability to break through 21,000 points. This affects the ability of Zhenjiu Lidu to come to Hong Kong to raise funds. In the current environment of high interest rates and high inflation, liquor is not a necessity of life, but a luxury. The demand for this category is decreasing, which is very similar to the situation of $Kweichow Moutai Co.,Ltd.(600519)$ Kweichow Moutai.SH. I believe that liquor is not everyone’s favorite drink .

At present, I am not optimistic about the baijiu industry, because the sales of Kweichow Moutai have dropped significantly since the national policy established the regulations on government officials giving gifts and drinking alcohol. Therefore, the value of Moutai has dropped from the original speculation to a high level until now it has dropped a lot. Coupled with the slowdown of the domestic economy, the sales of alcohol have declined, the demand has dropped a lot, and the relative income will also decrease.

Now I like to sing at banquets mainly with red wine, which is less attractive than white wine.

For me, I will not participate in the first share of new liquor. The chances of losing money are expected to increase greatly. In addition, most of the new stocks after the epidemic appear to lose money in the first few days of listing, so it is difficult to have huge funds in new shares The stock appeared, so I will not call this stock.

I believe that Zhenjiu Lidu can sell baijiu abroad because the liquor industry in foreign countries is booming and there is a certain amount of demand for baijiu. In this way, Xiangxiang brands can compete with foreign baijiu brands abroad. Lidu, rare wine, will have more room for improvement, and reduce the shrinking situation of liquor in the domestic market. The above are the conclusions I have obtained from my observations.

I think that the success of liquor needs to be driven by the economy. Otherwise, liquor would have no market value. Therefore, when the domestic economy is weakening, there is no large amount of sales data for liquor. There are some reservations about the newness of the wine Lidu. Unless Zhenjiu Lidu has good performance and development prospect data and information, Zhenjiu Lidu will attract investors to invest heavily. Therefore, I think we can observe Kweichow Moutai as a reference to predict the future development prospects of liquor. Then decide whether it is worth buying. Now you can wait and see to observe the future trend of Zhenjiu Lidu. The above is my personal opinion on the listing of Zhenjiu Lidu.

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