E Fund Liquor(03189.HK) down 0.36%, holiday sell-through ~10% lower
- The ETF traded at HKD 1.102 on October 8, down 0.36%, with a turnover of HKD 95,900 and a turnover rate of 0.11%.
- Shenwan Hongyuan's channel feedback showed liquor sell-through fell about 10% year on year during the 2026 Mid-Autumn and National Day holidays.
NewTimeSpace News:As of 13:20 HKT on October 8, 2026, the E Fund (HK) CSI Liquor Index ETF (03189.HK) traded at HKD 1.102, down 0.36%, with a turnover of HKD 95,900 and a turnover rate of 0.11%.
NewTimeSpace has learned that the ETF is managed by E Fund Management (Hong Kong) and tracks the CSI Liquor Index. Compiled by China Securities Index Co., the index is a net total return, free-float adjusted market capitalisation-weighted gauge selecting constituents from liquor producers listed in Shanghai and Shenzhen. As of 13:20 HKT on October 8, the ETF had assets of HKD 85.1502 million, a unit NAV of HKD 1.113 and a board lot of 100 units.
Shenwan Hongyuan's channel feedback reported by Tencent News showed liquor sell-through during the 2026 Mid-Autumn and National Day holidays fell about 10% year on year, with the decline narrowing and six provinces including Anhui and Shandong roughly flat.
Guotai Haitong Securities said in a dual-holiday consumption note that total consumption continued to recover with consumers staying rational; liquor sales were subdued in the peak season but prices held up better than volumes, and the industry has shifted from channel stockpiling to genuine sell-through while continuing to destock.
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