Ping An Securities: High-end liquor is stable and flexible to enter high-end liquor

According to Securities Times, Ping An Securities pointed out that high-end liquor is making steady progress, while the flexibility of sub-high-end liquor can be expected. Under the downward pressure of the economy, the liquor stock market has undergone a deep adjustment in 2021. Looking forward to 2022, the current domestic relatively loose macroeconomic policies and consumption upgrade trends have made the liquor sector’s upward momentum possible. It is recommended to focus on the high-end and sub-high-end liquor sectors.