Changes in Hong Kong stocks | Zhenjiu Li Du (06979) rose nearly 5% in the morning, the market prices of Flying Moutai and Wuliangye rebounded, and the company previously raised its annual performance guidelines

The Zhitong Finance App learned that Zhenjiu Li Du (06979) rose nearly 5% in the morning. As of press release, it was 4.52% at HK$7.97, with a turnover of HK$114.702 million.

According to news, on August 8, 42 Kweichow Moutai stores nationwide raised the retail price of Flying Moutai from 1,719 yuan/bottle to 1,753 yuan/bottle. This is another price increase for Flying Moutai just over ten days later. In the same period, the batch price of Wuliangye's eighth-generation General Five also rose. China Galaxy Securities said that the current price recovery in the Feitian Moutai and Wuliangye markets may be a key sign, but improving sustainability later requires further observation of the recovery in sales during the Mid-Autumn Festival National Day peak season.

It is worth noting that in June of this year, Zhenjiu Li Du held the 2025 Annual General Meeting of Shareholders and announced an official increase in the 2026 performance guidelines: the annual revenue growth rate was raised from 10% to 15%, and adjusted net profit was raised from 600 million yuan to 800 million yuan. Great Wall Securities released a research report stating that the performance guidelines have been revised to verify the commercial viability of the “Wanshang Alliance+Dazhen” portfolio.