CT Securities released a weekly note on the food and beverage sector, reporting that during the Mid-Autumn and National Day holidays, baijiu sales declines narrowed significantly, while mass products showed growth and dividend appeal. The broker highlighted price hike expectations in frozen food and condiments, and maintained a positive outlook on dairy and health products.
The broker remains bullish on mass food and beverage stocks with growth and dividend characteristics, and recommends gradually accumulating baijiu positions.
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