Throughout 22, Maotai is the most popular product in China market, and its sales in both the stock market and the physical consumption market are in full swing. Not long ago, an ultra-high target price of 3, yuan was given for Maotai. Recently, however, Maotai has been suffering from bad news and has been reduced by major famous foreign funds. What happened to the most popular Maotai?
? According to the report of China Fund, the Spring Festival is not calm. According to reports, China Opportunity of Ruiying Equity Fund under UBS As of the end of January, Kweichow Moutai held a market value of US$ 816 million as the fifth largest heavyweight stock fund of the fund, which decreased by 3.66% compared with the end of 22. According to the Securities Times, the number of shares of Kweichow Moutai held by the fund did not actually change before January 19, which means that the reduction was mainly concentrated in late January. Since January, Lugutong has been insisting on Maotai. As of February 11th, Lugutong held 1,251,1 shares of Maotai, accounting for 7.98% of the outstanding shares, and 8% for two consecutive trading days. The last time it was less than 8%, it was traced back to March 3th, 22.
? On January 18th, according to official website, an American self-managed giant capital group, by the end of 22, the American fund and the European Asia-Pacific Growth Fund owned 7,161,7 shares of Kweichow Moutai, 4, shares less than the 7,611,8 shares at the end of the third quarter. These funds are currently the funds holding the largest number of shares of Kweichow Moutai in the world. By the end of 22, the market value of the fund was 2.189 billion US dollars, equivalent to 14.195 billion RMB?
? We should understand that it is actually a normal phenomenon for the entire capital market for these large-scale investment funds to increase their holdings of Maotai, because for them, it is still of great market positive significance to allocate assets to a certain extent and choose Maotai, a relatively stable stock with more dividends. Similarly, these funds actually have no feelings for Maotai. They just consider saying that after investing in this company's stock to a certain extent, if its share price is too high, we will have certain investment. So from this point of view, from the fund itself, there are certain risks in investing in Maotai at present, so it is undoubtedly a better result to reduce its holdings at this time, and at least we can get better capital gains from Gao Wei. Therefore, from the perspective of the fund itself, it is not surprising to reduce the holding of Maotai now.