Accelerated Progress of National Standards for Prepared Dishes,Tianhong CSI Food And Beverage ETF (159736) Rises 4.93% Intraday

NewTimeSpace News: As of 14:23 on January 29, 2026, the CSI Food & Beverage Index (930653) surged strongly by 5.01%. Component stocks posted impressive gains: Jinhongzi Wine Industry rose 10.04%, Jinhui Wine Industry climbed 10.01%, Shui Jing Fang advanced 10.01%, and other stocks including Kuaijishan Shaoxing Wine and Jiugui Wine also followed the upward trend. TheTianhong CSI Food And Beverage ETF (159736) rose 4.93% to close at RMB 0.7 intraday. (The stocks listed above are only index components and do not constitute specific investment recommendations.)

In terms of liquidity, theTianhong CSI Food And Beverage ETF recorded an intraday turnover rate of 1.01% and a trading volume of RMB 54.8826 million. Over a longer horizon, as of January 28, its average daily trading volume in the past month reached RMB 23.5262 million.

In terms of scale, the ETF's latest size stood at RMB 5.3 billion. (Data source: Wind)

In terms of shares, the ETF's latest share count reached 7.928 billion, a new high in nearly a month. (Data source: Wind)

Regarding capital inflows, theTianhong CSI Food And Beverage ETF has achieved consecutive net capital inflows over the past 4 days, with a maximum single-day net inflow of RMB 17.3987 million. The total accumulated capital inflow amounted to RMB 36.2636 million, with an average daily net inflow of RMB 9.0659 million. (Data source: Wind)

In terms of profitability, as of January 28, 2026, since its establishment, theTianhong CSI Food And Beverage ETF has achieved a maximum monthly return of 26.10%, the longest consecutive upward period of 4 months with a cumulative increase of 35.39%, and an average return of 5.34% in rising months. As of January 28, 2026, the ETF's annualized excess return over the benchmark in the past 2 years was 2.88%.

In terms of drawdown, as of January 28, 2026, the ETF's maximum drawdown since the beginning of this year was 5.37%, with a relative benchmark drawdown of 0.02%.

In terms of fees, the ETF has a management fee rate of 0.50% and a custodian fee rate of 0.10%.

In terms of tracking accuracy, as of January 28, 2026, the ETF's tracking error since the beginning of this year was 0.009%.

From a valuation perspective, the latest price-to-earnings ratio (PE-TTM) of the CSI Food & Beverage Index tracked by the ETF is only 20.65 times, which is at the 1.53rd percentile of the past year. This means the valuation is lower than 98.47% of the time over the past year, standing at a historical low level.

TheTianhong CSI Food And Beverage ETF closely tracks the CSI Food & Beverage Index. This index selects listed company securities belonging to the wine, beverage, and food industries as samples to reflect the overall performance of food and beverage-related listed companies.

Data shows that as of December 31, 2025, the top 10 constituent stocks by weight of the CSI Food & Beverage Index (930653) were Yili Industrial Group, Kweichow Moutai, Wuliangye Yibin, Luzhou Laojiao, Shanxi Fenjiu, Haitian Flavoring & Food Co., Ltd., Dongpeng Beverage Group, Yanghe Co., Ltd., Shuanghui Development, and Angel Yeast. The total weight of these top 10 stocks accounted for 57.99%. (The stocks listed above are only index components and do not constitute specific investment recommendations.)

Donghai Securities stated that last week, the Food Safety Office of the State Council organized the National Health Commission, the State Administration for Market Regulation, and other departments to draft the drafts of "National Food Safety Standard for Prepared Dishes" and "Terminology and Classification of Prepared Dishes". It also collaborated with the State Administration for Market Regulation, the Ministry of Commerce, and other departments to draft an announcement on promoting the voluntary disclosure of food processing methods in the catering sector, which will be open to the public for comments soon. The accelerated progress of national standards for prepared dishes will be conducive to the standardized and healthy development of the industry and promote the concentration of market share in leading enterprises.

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