The reason why liquor stocks plummeted is that the valuation of liquor is really too high now. Many liquor companies have very high P/E ratios, which reached a very high point before last year, so this high point will definitely slow down this year. At that time, a large amount of funds in some markets joined the liquor market, and the price of liquor was once raised. Now, the main funds are more to buy semiconductors and new energy, which makes these two sectors glow again. This new development trend.

New energy has also created a record high, and the market for liquor may have passed slowly. Like some first-line high-end liquor brands, it is still in the callback, and it is difficult to return to the previous high point. On the contrary, those second-and third-line liquor brands will have more room for growth. In fact, these first-line liquor brands have less room for growth. When they enter such a large market value management, their growth rate will inevitably slow down, just like Tencent. At present, liquor stocks have not yet experienced a very large decline, but some liquor stocks are relatively unstable, such as Jiugui Liquor and Shanxi Fenjiu, which have all fallen sharply before. However, their increase is also very scary. There used to be a big V alcoholic liquor with a yield of 700%. It can be seen that the growth of alcoholic liquor in recent years is very exaggerated.

The overvaluation of liquor sector brings great risks to the whole sector, so it is understandable that there will be a big drop. What needs to be done at this time is to reduce the risk. Switch your stocks and buy other more stable stocks. There is no market for liquor at present. It is undeniable that the future development trend of liquor is still very good. This is a long-term orbit. Now we just need to wait, and liquor will be better in the second half of the year.