Changes in Hong Kong stocks | Zhenjiu Li Du (06979) fell more than 4% in the afternoon, Double Liquor sales fell short of expectations. The three quarterly reports that the company's divergence or intensification

The Zhitong Finance App learned that Zhenjiu Li Du (06979) fell more than 4% in the afternoon. As of press release, it was down 4.13% to HK$7.2, with a turnover of HK$49.06 million.

Shen Wan Hongyuan pointed out that judging from the demand for the Mid-Autumn Festival and National Day, liquor sales fell short of expectations. The overall decline was at a double-digit level. There were differences between enterprises, and high-end nationalization and sub-high-end and regional leaders were relatively resilient. Combined with the two-quarter performance, we are cautious about the three-quarter liquor report, judging that the overall growth rate of listed companies will decelerate significantly, and corporate differentiation will further intensify.

Huachuang Securities, on the other hand, pointed out that the pressure on the liquor sector has been reduced pragmatically in Q3, and the current market risk appetite has increased. In the short term, the three-quarter report and the target setting of wine companies for the coming year will be the key to the fourth quarter. In the medium term, the inflection point for next year will look at the price of old Maotai wine, and the second, the report is expected to stabilize.