Penghua CSI Alcoholic Drink Index ETF(512690) Rises 0.40% Intraday,Industry Accumulating Recovery Momentum

NewTimeSpace News: As of 13:50 on April 2, 2026, the CSI Liquor Index (399987) gained 0.39%. Component stocks: Yingjia Gongjiu rose 7.37%, Gujing Gongjiu 3.18%, Jinhui Liquor 1.90%, Jinshiyuan 1.51%, and Chongqing Beer 1.40%. Penghua CSI Alcoholic Drink Index ETF(512690) advanced 0.40% to RMB 0.5. As of April 1, 2026, the ETF had risen 1.22% in the past week. (Stocks listed are index components only, not investment recommendations.)

In terms of liquidity, the ETF posted an intraday turnover rate of 2.34% and trading volume of RMB 415 million. As of April 1, its average daily trading volume over the past year stood at RMB 919 million.

In terms of size, the ETF’s latest assets under management reached RMB 17.728 billion. (Source: Wind)

In terms of capital flows, the ETF recorded a latest net outflow of RMB 20.5808 million. Over the past 10 trading days, it attracted a total net inflow of RMB 22.0657 million. (Source: Wind)

Leverage capital has continued to allocate to the ETF. Its latest margin purchase amount reached RMB 105 million, with margin balance at RMB 831 million. (Source: Wind)

In terms of performance, as of April 1, the ETF’s best single-month return since inception was 26.08%, longest winning streak 5 months (up 85.52%), with an average return of 8.18% in winning months. Over the past two years, it outperformed its benchmark by an annualized 2.59%.

In terms of drawdown, its tracking error relative to the benchmark year-to-date was 0.17% as of April 1.

In terms of fees, the ETF charges a management fee of 0.50% and a custody fee of 0.10%.

In terms of tracking accuracy, its one-month tracking error stood at 0.019% as of April 1.

On valuation, the CSI Liquor Index tracked by the ETF had a latest PE-TTM of only 18.39x, at the 16.6th percentile over the past year, meaning its valuation was lower than 83.4% of the time in the past year, near historical lows.

Penghua CSI Alcoholic Drink Index ETFclosely tracks the CSI Liquor Index, which selects listed companies engaged in baijiu, beer, wine brewing and related businesses to reflect the overall performance of liquor-related listed firms.

As of March 31, 2026, the top 10 constituent stocks of the CSI Liquor Index (399987) were Kweichow Moutai, Wuliangye, Luzhou Laojiao, Shanxi Fenjiu, Yanghe Brewery, Tsingtao Brewery, Jinshiyuan, Yanjing Brewery, Gujing Gongjiu, and Chongqing Beer, accounting for a combined 79.37% of index weight. (Stocks listed are index components only, not investment recommendations.)

TFSECURITIES stated that the baijiu industry is currently accumulating momentum through inventory destocking, channel restructuring and demand reconfiguration. A full industry recovery awaits a pickup in government and business demand driven by stabilizing external economy and the fading impact of the“alcohol ban”. Given the low base in the same period of 2025, baijiu distribution is expected to gradually recover in the second half of the year.

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