Shenwan Hongyuan: Bullish on the systemic recovery opportunity in the food and beverage sector in 2026, with a focus on cyclical spirits and restaurant supply chains.

If fundamentals recover as expected, the sector is anticipated to experience a dual boost from both valuation and earnings by late 2026 to early 2027, making high-quality baijiu stocks strategically positioned for allocation.

Zhitong FinanceJun 9 16:35

Guosen Securities: Supply-Demand Restructuring in the Catering Supply Chain and Divergence in Business Models

Focus on赛道 width and clarity of positioning; brands and category leaders with inherently broader赛道 have higher scale ceilings.

Zhitong FinanceJun 8 10:42

GIC Private Limited reduced its stake in Haitian by 1.8247 million shares at an average price of approximately HK$32.15 per share.

According to the latest data from the Hong Kong Stock Exchange, on May 29, GIC Private Limited reduced its stake in Haitian (03288.HK) by 1.8247 million shares at HK$32.1457 per share, amounting to approximately HK$58.6563 million. Following this transaction, its updated shareholding stands at 31.1476 million shares, representing 10.70% of the total shares outstanding.

Sina HK StocksJun 4 07:37

Express News | The FTSE China A50 Index has added stocks such as GigaDevice and Montage Technology.

BreakingsJun 3 16:47

Huachuang Securities: Performance in the food and beverage sector diverges during the off-season, with industry leaders actively seeking transformation.

The current sector's fundamental bottom has become clearer, with market expectations and positions gradually stabilizing; greater attention should be paid to those names whose fundamentals are the first to recover and move into the right side of the cycle.

Zhitong FinanceMay 25 16:02

HuaLong Securities: The catering supply chain is experiencing a moderate recovery, while the baijiu sector continues to consolidate at the bottom.

Amid a sustained macroeconomic recovery, a stabilizing policy environment, continued strengthening of industrial support policies, and the unleashing of emerging consumption potential, the baijiu industry—after undergoing an adjustment phase—is expected to gradually enter a recovery period. Over the medium to long term, the industry will return to a path of healthy development aligned with the scale of market-oriented economic growth.

Zhitong FinanceMay 25 10:25