According to china securities journal, official website, an American asset management giant, showed that by the end of 2020, the American fund-Europe Asia-Pacific Growth Fund under the Asset Management Group held 7 16 1704 shares in Kweichow Moutai, which was 5.9% lower than 761kloc-0/804 shares at the end of the third quarter. According to previous reports, this fund is currently the fund holding the largest number of Kweichow Moutai shares in the world. By the end of 2020, the market value of Kweichow Moutai held by the fund was US$ 2189 million, equivalent to RMB10.4195 million. Despite a small reduction, the market value of Kweichow Moutai held by the fund is still significantly higher than the 65.438+022.438+07 billion yuan at the end of the third quarter due to the rising share price of Kweichow Moutai during the period. New World Fund, another fund owned by the Capital Group with more shares in Kweichow Moutai, also slightly reduced its holdings of Maotai during this period.
The world's largest fund holding Moutai shares reduced its holdings. Official website, an American asset management giant, shows that by the end of 2020, the European Asia-Pacific Growth Fund, an American fund under the Asset Management Group, held 7 16 1704 shares in Kweichow Moutai, a decrease of 5.9% compared with 76 1 1804 shares at the end of the third quarter. According to previous reports, this fund is currently the fund holding the largest number of Kweichow Moutai shares in the world.
By the end of 2020, the market value of Kweichow Moutai held by the fund was US$ 2189 million, equivalent to RMB10.4195 million. Despite a small reduction, the market value of Kweichow Moutai held by the fund is still significantly higher than the 65.438+022.438+07 billion yuan at the end of the third quarter due to the rising share price of Kweichow Moutai during the period.
Recently, Maotai's share price has gradually retreated from a historical high, with a drop of about 7%.
65438+1October 19, the liquor sector opened higher and went lower, and closed down 1.74%. Kweichow Moutai started to fall after opening slightly higher in the morning, and continued to fall in the afternoon, with the lowest drop to 2006.85 yuan/share, returning to the vicinity of the 2000 yuan mark. At the close, the share price of Kweichow Moutai fell by 2.60% to close at 2009.4 1 yuan.
According to the data of Prospective Industry Research Institute, the sales revenue of China liquor industry is basically consistent with the output trend. However, due to the brand premium of high-end liquor in recent years, its price is still at a high level, which drives the price of secondary high-end liquor to continue to rise, resulting in the fluctuation of sales revenue less than liquor output.
The sales revenue of 20 17 and 20 18 in China liquor industry decreased obviously. In 20 19, driven by personal demand, the sales revenue of China liquor industry increased to 567.2 billion yuan, up 5.74% year-on-year. In 2020, the outbreak and spread of the epidemic in COVID-19 directly affected the consumption of liquor in the peak season of Spring Festival, and the sales revenue of liquor industry dropped sharply compared with the same period in 20 19, only 273.7 billion yuan.