This morning, I bought when Luzhou Laojiao rose by 4 points. I didn't expect the entire liquor sector to hit the daily limit. I also didn't realize it had only been one day of increase today. Everyone is mocking the rise in liquor stocks with various memes, hahaha. In 2025, the Shanghai Composite Index rose from 3,000 points to 4,150 points now, with the market up by 30 points. Liquor stocks have a P/E ratio of only 12 times, yet they haven't risen at all. If it weren't for the daily limit, they would have fallen by 5-10 points today. All the high-quality stocks are not being bought, while a bunch of junk concept stocks are being purchased, with P/E ratios of hundreds or thousands of times. So I must support Lao Deng Assets.
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This morning, I bought when Luzhou Laojiao rose by 4 points. I didn't expect the entire liquor sector to hit the daily limit. I also didn't realize it had only been one day of increase today. Everyone is mocking the rise in liquor stocks with various memes, hahaha. In 2025, the Shanghai Composite Index rose from 3,000 points to 4,150 points now, with the market up by 30 points. Liquor stocks have a P/E ratio of only 12 times, yet they haven't risen at all. If it weren't for the daily limit, they would have fallen by 5-10 points today. All the high-quality stocks are not being bought, while a bunch of junk concept stocks are being purchased, with P/E ratios of hundreds or thousands of times. So I must support Lao Deng Assets.