E Fund Liquor(03189.HK) down 1.28%, Mid-Autumn baijiu demand splits

NewTimeSpace News: As of 13:51 HKT on September 28, 2026, E Fund (HK) CSI Liquor Index ETF (03189.HK) traded at HK$1.076, down 1.28%, with turnover of HK$754,100, volume of 693,900 units and a turnover rate of 0.91%.

The ETF is managed by E Fund Management (Hong Kong) Co., Limited and tracks the CSI Liquor Index, which covers baijiu companies listed on the A-share market. As of 13:51 HKT on September 28, 2026, it had assets of HK$83.36 million, a net asset value of HK$1.089 per unit and a board lot of 100 units.

Reported by National Business Daily, sales of alcoholic drinks on JD Supermarket's wine festival rose 15% year on year over August 20 to September 25, with Moutai up 22%. Reported by 21st Century Business Herald, Moutai's four-seasons culture series sold out within one minute after launching on the iMoutai platform at 2,199 yuan a bottle, with later batches also selling out quickly.

CITIC Securities noted in a research report that baijiu industry fundamentals are gradually stabilising at the bottom, with wholesale prices steady on supply control and channel inventories down to within six months; sell-through stayed rigid as brewers cut sales expenses, and the industry is shifting from channel stocking to manufacturer-led terminal building.

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