Market Activity on December 10, 2025 – Focus on Beverage‑Sector Movements

On December 10, 2025, the Shanghai Stock Exchange opened lower across its major indices, yet specific segments of the market displayed notable strength. Among these, the beverage manufacturing and alcohol subsectors were highlighted by a series of rapid price advances.

Beverage Manufacturing Sector

  • Huoqian Beer (惠泉啤酒) received a double‑level limit‑up on its trading day, reflecting a significant surge in investor demand.
  • Other peers within the sector such as Huanle Jia and Jiahe Foods also experienced gains exceeding 10 %.
  • The upward trend was supported by a broader positive sentiment in the “drinks manufacturing” block, which saw multiple stocks trade at record levels.

Alcohol Sector

  • Huangtai Distillery (皇台酒业) achieved a straight limit‑up, a rare occurrence that underscored the sector’s resilience amid broader market weakness.
  • Competing brands—Jiuqiang Mountain (会稽山), Jiu Gui Liquor (酒鬼酒), She De Liquor (舍得酒业), and Golden Seed Liquor (金种子酒)—also posted gains, indicating a concerted rally across the alcohol segment.

Market Context

The day’s movement contrasts with the broader trend of muted activity in high‑growth technology and industrial stocks, where segments such as semiconductors and server equipment posted declines. Meanwhile, consumer staples, particularly retail and beverage-related stocks, exhibited strength, aligning with the National Retail Innovation Conference held in Beijing on December 9–10, which emphasized expansion in lower‑tier markets and new business models.

Company‑Specific Note

Fujian Yanjing Huiquan Brewery Co., Ltd. (ticker not provided in the news excerpts) continues to operate within the domestic beer market, offering a fresh‑beer series. While the company’s individual trading performance was not disclosed in the referenced articles, the broader sectoral momentum suggests potential support for its stock in the short term, pending further company‑specific disclosures.


All figures and events are based on the provided news snippets and fundamental data as of December 9, 2025.