Food and beverage multi strand diving! Is there a chance to copy the bottom?

Haitian Flavor Industry plunged by more than 7%, and its share price hit a new low in more than four years. Juewei Food, Ligao Food, Peach Plum Bread, Tianwei Food, Sanquan Food, etc. followed the decline. Jiugui Liquor and Shede Liquor both fell by more than 4%, hitting a new stage low, and Guangyuyuan, Yanghe Shares, Wuliangye, Laobaigan Liquor, etc. followed the decline. On the whole, the food and beverage sector has declined since this year. The lower than expected recovery in consumption is due to the fact that people still have concerns about future income. The improvement in consumption lags behind the increase in residents' income, which also lags behind the improvement in corporate profits and the recovery of the economy. Therefore, the performance of the food and beverage sector before the third quarter is not optimistic. The better performance may be in the fourth quarter. At the current time point, there is no need to be overly pessimistic about the market in October and the fourth quarter. The main reason is that the economic recovery is slow, and more relevant policies are likely to be introduced in the fourth quarter. This is good for the liquor sector, so it is also optimistic about the food and beverage index. OTC investors who want to arrange the consumption sector can focus on Tianhong Food and Beverage ETF connection (Class C share: 001632). There are risks in the market, so investment should be cautious.

key word: Food and beverage plate quarter new low point