Equity Analyst

Steve Zhou, CFA

Over 13 years of professional experience covering mainly Asian consumer companies in sell-side and buy-side.

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Equity Bottom-Up

<ul>
<li>Since the inclusion in the Southbound Stock Connect 7 trading days ago, <a href="https://www.smartkarma.com/entities/zjld-group-inc" target="_blank" data-smartkarma-citation="entities:36734:1" rel="noopener">ZJLD Group (6979 HK)</a>’s stock price is up 16%, suggesting strong interest from the southbound investors.</li>
<li>ZJLD has one of the best channel inventory and distributor perception among all the sauce aroma baijiu brands currently.</li>
<li>Expect further share price upside mainly from southbound buy, as the baijiu sector is one of the most followed sectors in A-share.     </li>
</ul>


Since the inclusion in the Southbound Stock Connect 7 trading days ago, ZJLD Group (6979 HK)’s stock price is up 16%, suggesting strong interest from the southbound investors.
ZJLD has one of the best channel inventory and distributor perception among all the sauce aroma baijiu brands currently.
Expect further share price upside mainly from southbound buy, as the baijiu sector is one of the most followed sectors in A-share.     


ZJLD Group (6979 HK):  More Near-Term Upside Expected