白酒指数单周重挫近5%，古井贡酒、今世缘等多只白酒股股价创年内新低丨酒市周报

每日经济新闻2025-06-15

受相关政策影响以及高端白酒批价出现下调，本周酒企几乎全线下跌。WIND白酒指数单周大跌4.8%，年内跌幅已达到17.4%，古井贡酒、今世缘、迎驾贡酒、泸州老窖以及洋河股份等多只白酒股的股价创出年内新低。有券商机构指出，近期高端酒价格有所下降，主要因为消费场景进一步受限，渠道在季末变现回款压力加大，以及电商“618”补贴影响，投资者需耐心等待行业基本面变化。多只白酒股股价创年内新低进入白酒行业传统...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2543691511?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-06-15 13:50","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2543691511","market":"sh","top_or_hot":-1,"title":"白酒指数单周重挫近5%，古井贡酒、今世缘等多只白酒股股价创年内新低丨酒市周报","media":"每日经济新闻","content":"<div>\n<p>受相关政策影响以及高端白酒批价出现下调，本周酒企几乎全线下跌。WIND白酒指数单周大跌4.8%，年内跌幅已达到17.4%，古井贡酒、今世缘、迎驾贡酒、泸州老窖以及洋河股份等多只白酒股的股价创出年内新低。有券商机构指出，近期高端酒价格有所下降，主要因为消费场景进一步受限，渠道在季末变现回款压力加大，以及电商“618”补贴影响，投资者需耐心等待行业基本面变化。多只白酒股股价创年内新低进入白酒行业传统...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250615135154978041e1&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>白酒指数单周重挫近5%，古井贡酒、今世缘等多只白酒股股价创年内新低丨酒市周报</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n白酒指数单周重挫近5%，古井贡酒、今世缘等多只白酒股股价创年内新低丨酒市周报\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-15 13:50 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250615135154978041e1&s=b><strong>每日经济新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>受相关政策影响以及高端白酒批价出现下调，本周酒企几乎全线下跌。WIND白酒指数单周大跌4.8%，年内跌幅已达到17.4%，古井贡酒、今世缘、迎驾贡酒、泸州老窖以及洋河股份等多只白酒股的股价创出年内新低。有券商机构指出，近期高端酒价格有所下降，主要因为消费场景进一步受限，渠道在季末变现回款压力加大，以及电商“618”补贴影响，投资者需耐心等待行业基本面变化。多只白酒股股价创年内新低进入白酒行业传统...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250615135154978041e1&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0187","symbol_name":"一线龙头","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250615135154978041e1&s=b","article_id":"2543691511","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250615135154978041e1&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2543691511","pubTimestamp":1749966600,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"受相关政策影响以及高端白酒批价出现下调，本周酒企几乎全线下跌。WIND白酒指数单周大跌4.8%，年内跌幅已达到17.4%，古井贡酒、今世缘、迎驾贡酒、泸州老窖以及洋河股份等多只白酒股的股价创出年内新低。多只白酒股股价创年内新低进入白酒行业传统淡季，白酒板块持续低迷。截至6月13日收盘，本周WIND白酒指数跌幅达到4.8%，以53995.46点报收，该跌幅也是白酒指数今年单周第二大跌幅。从个股表现来看，古井贡酒、今世缘以及金徽酒本周跌幅均超过8%。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"603198":"迎驾贡酒","603369":"今世缘","BK0187":"一线龙头","BK0077":"质押式回购","SG9999006597.SGD":"United China-India Dynamic Growth SGD","BK0028":"国家队","BK0185":"二线龙头","000596":"古井贡酒","BK0188":"融资融券","BK0215":"饮品"},"translate_title":"The liquor index fell nearly 5% in a single week, and the stock prices of many liquor stocks such as Gujing Gongjiu and Jinshiyuan hit new lows for the year | Liquor Market Weekly Report","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"603198":0.9,"603369":1,"000596":1},"content_text":"受相关政策影响以及高端白酒批价出现下调，本周酒企几乎全线下跌。WIND白酒指数单周大跌4.8%，年内跌幅已达到17.4%，古井贡酒、今世缘、迎驾贡酒、泸州老窖以及洋河股份等多只白酒股的股价创出年内新低。有券商机构指出，近期高端酒价格有所下降，主要因为消费场景进一步受限，渠道在季末变现回款压力加大，以及电商“618”补贴影响，投资者需耐心等待行业基本面变化。多只白酒股股价创年内新低进入白酒行业传统淡季，白酒板块持续低迷。截至6月13日收盘，本周WIND白酒指数跌幅达到4.8%，以53995.46点报收，该跌幅也是白酒指数今年单周第二大跌幅。从个股表现来看，古井贡酒、今世缘以及金徽酒本周跌幅均超过8%。其中，古井贡酒周跌幅达到9.78%，其股价已创近5年新低。迎驾贡酒和泸州老窖本周跌幅也均超过6%，表现低迷。市值变动方面，贵州茅台本周市值缩水近千亿元，五粮液、山西汾酒、百威亚太以及泸州老窖的周市值缩水也在百亿元以上。古井贡酒周K线走势就基本面而言，申万宏源最新研报显示，本周茅台批价散瓶1960元/瓶，周环比下降70元/瓶；原箱批价2025元/瓶，周环比下降90元/瓶。此外，五粮液批价约910元/瓶，周环比稳定；国窖1573批价约860元/瓶，周环比稳定。“五一”虽有宴席回补，但白酒消费依然平淡，端午节本身对白酒消费场景的贡献有限，行业二季度基本面有压力。渠道方面，今年主要酒企回款及发货进度略慢于去年同期，端午节后库存环比有增加，后续仍以促动销、去库存为主要工作。目前，诸多酒企股东大会传递理性增长态度，中报增速预计将同比下修。洋河因业绩下滑致歉，券商称白酒仍存三大积极因素白酒板块表现持续低迷，难见好转，这也让头部白酒企业股东大会备受市场关注。本周，洋河股份召开2024年年度股东大会，参会股东人数过百人，公司董事长张联东为公司业绩下滑向投资者致歉。张联东坦言，洋河股份业绩下降、股价下跌，最焦虑的是公司管理层。公司业绩下滑，管理层不能推卸责任，必须从内部找原因，深刻反思。尽管白酒行业正处于“至暗时刻”，但国信证券表示，有三点因素或许支撑当前适当的乐观心态：首先，飞天茅台批发价可视为行业景气度指标，5~6月飞天茅台批发价同比跌幅相较此前收窄，当前多重不利因素叠加，若平稳度过当前压力测试阶段，后续有望企稳2000元以上。其次，市场对业绩增速环比下修已有充分预期，酒企在做长期正确的事。茅台积极拓展销售渠道，扩大消费者基础，以文化赋能品牌；五粮液、老窖、汾酒重视消费者培育和厂商关系维护，区域酒龙头理性竞争，今年更加重视产品价盘和产品生命周期。最后，龙头公司分红指引积极，对冲增速下降对ROE的影响，当前股息率支撑力较强，如洋河股份的股息率在7%附近。伴随公募新规落地，低配的行业龙头茅台有望获得资金流入。封面图片来源：视觉中国-VCG41N1354372881","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2543691511","isCrawlerRequest":true}