By comparison, we find that there are some differences between them:
First, Penghua wine is not all white wine, but also contains beer.
The second difference is that the distribution of Penghua is relatively balanced, and the leading stocks of China Merchants Liquor account for a relatively large proportion. Through performance comparison, we found that China Merchants Liquor outperformed Penghua Liquor for a long time, partly because beer was cyclical and its performance was unstable. On the other hand, the leading stocks in the liquor industry are outstanding, with a large proportion of leading investment and outstanding advantages.
Overall, China Merchants Wine outperformed Penghua Wine.
Second, China Merchants Liquor PK Food and Beverage Fund
The number of food and beverage funds is also small. We compared Tian Hong Zhongzheng Food & Beverage and China Merchants Liquor with relatively good performance. We found that liquor accounts for a large proportion in the food and beverage fund. From the past performance, the trend of food and beverage and liquor tends to converge, but the increase of liquor greatly exceeds that of food and beverage.
The composition and trend of food and beverage are the same as predicted at the beginning of our article.
Third, China Merchants Liquor PK CSI Principal Consumption and CSI Optional Consumption
Through screening, we found that the most representative consumption of CSI is "Huitianfu CSI"