华润啤酒-R(80291)_个股概要_股票价格_最新资讯_行情走势_历史数据 - 老虎社区

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80291 华润啤酒-R

未开盘 01-06 16:08:15

24.100

+0.500

+2.12%

最高24.200	最低23.980	成交量7,500
今开23.980	昨收23.600	日振幅0.93%
总市值781.80亿	流通市值781.80亿	总股本32.44亿
成交额18.10万	换手率0.00%	流通股本32.44亿
市净率--	ROE--	每股收益0.00
52周最高--	52周最低--	市盈率--
股息--	股息收益率--	ROA--

数据加载中...

北京优虎网络科技有限公司

免责声明:香港交易所资讯服务有限公司、其控股公司及／或该等控股公司的任何附属公司均竭力确保所提供信息的准确和可靠度，但不能保证其绝对准确和可靠，且亦不会承担因任何不准确或遗漏而引起的任何损失或损害的责任（不管是否侵权法下的责任或合约责任又或其它责任）

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| 华润啤酒 01月05日卖空量成交36.2万股，卖空比例为3.98%","url":"https://stock-news.laohu8.com/highlight/detail?id=2601004386","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2601004386?lang=zh_cn&edition=full","pubTime":"2026-01-05 16:30","pubTimestamp":1767601810,"startTime":"0","endTime":"0","summary":"华润啤酒北京时间01月05日，跌0.75%，卖空量成交36.2万股，较上一交易日减少51.89%更多个股卖空数据请看下面视窗：卖空数据是观测市场多空博弈的关键指标：短期可反映市场情绪，高卖空比例预示看空预期，但极端值可能触发轧空反弹；长期结合基本面恶化则预警下行风险。需注意其局限性：卖空行为包含对冲需求，未必单纯看空；机构可能通过衍生品做空未体现在数据中，且散户跟风易扭曲信号。股市有风险，请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260105163150a6f52018&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, 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亿元。香格里拉(亚洲)、旭辉控股集团、复星国际的偏离值位居前三，分别为59.71%、59.32%、43.94%。","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1388418.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["09988","601318","03143","82333","PNGAY","HYDD.SI","HPAD.SI","09999","01929","02423","HBBD.SI","02318","82318","02228","89988","06969","AAGIY","HMTD.SI","002594","00884","86618","00576","BIDU","TCHmain","89888","BABA","00656","ALBmain","03968","00069","81299","80291","00004","01066","09888","00700","02005","80992","01918","81211","HXXD.SI","HTCD.SI","BYDDY","81810","06618","01299"],"gpt_icon":1},{"id":"2600609264","title":"每日卖空追踪 | 华润啤酒-R 01月02日卖空量成交1万股，卖空比例为90.91%","url":"https://stock-news.laohu8.com/highlight/detail?id=2600609264","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2600609264?lang=zh_cn&edition=full","pubTime":"2026-01-02 16:30","pubTimestamp":1767342645,"startTime":"0","endTime":"0","summary":"华润啤酒-R北京时间01月02日，涨0.76%，卖空量成交1万股，较上一交易日增加233.33%更多个股卖空数据请看下面视窗：卖空数据是观测市场多空博弈的关键指标：短期可反映市场情绪，高卖空比例预示看空预期，但极端值可能触发轧空反弹；长期结合基本面恶化则预警下行风险。需注意其局限性：卖空行为包含对冲需求，未必单纯看空；机构可能通过衍生品做空未体现在数据中，且散户跟风易扭曲信号。股市有风险，请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260102163548a4942e31&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, 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啤酒行业竞争转向综合较量","url":"https://stock-news.laohu8.com/highlight/detail?id=2595745500","media":"中华工商时报财...","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2595745500?lang=zh_cn&edition=full","pubTime":"2025-12-30 10:55","pubTimestamp":1767063339,"startTime":"0","endTime":"0","summary":"而后，华润啤酒区域战略布局迎来重要调整，12月份，华润啤酒宣布将总部迁至深圳。2022年成为华润酒业白酒并购的关键之年。虽然华润啤酒与青岛啤酒面临不同程度的业绩压力，但燕京啤酒却实现销量与营收的双重增长。业内人士表示，对于整个啤酒行业而言，随着消费需求的多元化与市场格局的分化，头部企业的竞争已从单纯的规模比拼，转向品牌、产品、渠道与多元化能力的综合较量。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251230105757a6df59e8&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, 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白酒有望先于基本面见底","url":"https://stock-news.laohu8.com/highlight/detail?id=2595875411","media":"金吾财讯","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2595875411?lang=zh_cn&edition=full","pubTime":"2025-12-30 09:02","pubTimestamp":1767056551,"startTime":"0","endTime":"0","summary":"金吾财讯 | 国泰海通表示，25Q3以来白酒行业加速探底，报表出清有助于降低渠道库存压力，展望2026年，龙头茅、五批价下行有望激发动销，从而实现量价平衡。近期宏观及政策层面对消费板块预期形成积极催化，白酒作为顺周期资产，此前已进入加速调整阶段，板块估值分位偏低、股息率具备一定吸引力，且对宏观环境变化较为敏感，该机构认为在政策预期的引导下，股价有望先于基本面见底。","market":"sg","thumbnail":"https://static.szfiu.com/news/20250106/NGZhNmEwMzJkNDhkNWE0NjE0NjM0MTA4NTA5NzI5NDQz.jpg","type":0,"news_type":0,"thumbnails":["https://static.szfiu.com/news/20250106/NGZhNmEwMzJkNDhkNWE0NjE0NjM0MTA4NTA5NzI5NDQz.jpg"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"1972297","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK0183","BK0201","BK1564","BK1604","BK1570","BK0028","IE00B031HY20.USD","IE00B5MMRT66.SGD","80291","IE00B0169L03.USD","BK0276","SG9999006514.SGD","LU0328353924.USD","06979","LU0359202008.SGD","LU1023057109.AUD","BK1521","IE0008368742.USD","BK1180","IE00B543WZ88.USD","00291","BK1510","LU1794554557.SGD","BK0188","BK0012","BK1583","CRHKY","BK1589","BK0184","BK1192","IE0008369823.USD","02611","LU1328615791.USD","IE00B29SXG58.USD","IE00BPRC5H50.USD","IE0031814852.USD","BK1578","LU1769817179.HKD","LU1720050803.USD","LU1769817096.USD","BK1147","601211","LU0359201612.USD"],"gpt_icon":0},{"id":"2595394637","title":"每日卖空追踪 | 华润啤酒-R 12月29日卖空量成交500股，卖空比例为7.69%","url":"https://stock-news.laohu8.com/highlight/detail?id=2595394637","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2595394637?lang=zh_cn&edition=full","pubTime":"2025-12-29 16:30","pubTimestamp":1766997041,"startTime":"0","endTime":"0","summary":"华润啤酒-R北京时间12月29日，跌1.63%，卖空量成交500股，较上一交易日持平更多个股卖空数据请看下面视窗：卖空数据是观测市场多空博弈的关键指标：短期可反映市场情绪，高卖空比例预示看空预期，但极端值可能触发轧空反弹；长期结合基本面恶化则预警下行风险。需注意其局限性：卖空行为包含对冲需求，未必单纯看空；机构可能通过衍生品做空未体现在数据中，且散户跟风易扭曲信号。股市有风险，请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251229163710a6dc4caf&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, 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16:15","pubTimestamp":1766996155,"startTime":"0","endTime":"0","summary":"12月29日, 华润啤酒股价跌2.20%，报收26.72元，成交金额1.5亿元，换手率0.17%，振幅2.86%，量比1.10。华润啤酒今日主力资金净流出662.3万元，连续3日净流出，上一交易日主力净流出676.5万元。该股近5个交易日下跌0.37%，主力资金累计净流出2876.1万元，其中2个交易日为股价上涨时净流出；近20日主力资金累计净流入3042.8万元，其中净流入天数为13日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251229162147a4853a9c&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, 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中信证券表示，近期头部酒企陆续召开重要会议，传递调整、改革、渠道再平衡决心，有利于行业长期健康发展。今年四季度以来，白酒头部企业均采取持续控制发货、为经销商减负、促进开瓶动销等措施，以降低渠道库存。综合考虑到动销已逐步平稳、2026年春节假期多一天、白酒春节消费场景等诸多因素，该机构判断2026年春节白酒实际动销有望维持平稳，无须过度悲观。再考虑到后续逐步复苏趋势明确，看好白酒行业底部配置机会。预计2026年啤酒行业将在底部位置温和复苏，行业整体为量稳价增的趋势，建议关注结构升级战略执行坚定、渠道控制力强、具备品牌溢价能力的行业龙头。","market":"fut","thumbnail":"https://static.szfiu.com/news/20250109/NjdhYmE3ZDczMTc4NjgyMDYzMDA3NjI=.jpg","type":0,"news_type":0,"thumbnails":["https://static.szfiu.com/news/20250109/NjdhYmE3ZDczMTc4NjgyMDYzMDA3NjI=.jpg"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"1972208","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1589","SG9999000459.SGD","LU0572944931.SGD","LU0359202008.SGD","LU0405327494.USD","LU0630378692.HKD","BK0183","LU0197773160.USD","01876","BK1583","IE00B0169L03.USD","BK1192","LU1997244956.HKD","00168","00291","BK1516","IE00BPRC5H50.USD","LU1769817096.USD","LU1769817179.HKD","IE0008369823.USD","LU0405327148.USD","LU1655091616.SGD","LU2289578879.USD","LU0359201612.USD","LU0327786744.USD","BK0012","LU0543330483.HKD","LU1794554557.SGD","SG9999001903.USD","LU1997245094.SGD","BK1610","LU0128522157.USD","00236","LU1997245177.USD","IE00B031HY20.USD","BK1510","BK1521","BK1180","LU1064131003.USD","BK0188","CRHKY","600030","80291","IE00B5MMRT66.SGD","SG9999006514.SGD","LU0831093199.SGD","BK1578","06979","06030","LU0672654166.SGD"],"gpt_icon":0},{"id":"2595785954","title":"食品饮料行业周报：茅台定调投放量总体稳定 食品加大顺周期布局","url":"https://stock-news.laohu8.com/highlight/detail?id=2595785954","media":"招商证券","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2595785954?lang=zh_cn&edition=full","pubTime":"2025-12-29 00:00","pubTimestamp":1766937600,"startTime":"0","endTime":"0","summary":"本周茅台经销商大会召开，26 年投放量定调总体平稳，减少高附加值产品投入量，从以产定销到以销定产、分销取消。仙乐BF 个护业务剥离在即，26 年业绩低基数下弹性高、建议结合季度节奏布局。保健品益生菌过去两年供给侧产能增加翻倍增长，未来复合增速预计不到10%。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251229153128a485093e&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, 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11:44","pubTimestamp":1766893476,"startTime":"0","endTime":"0","summary":"在名酒保持审慎时，另一群“抄底者”正凭借敏锐的嗅觉入场。图源：图虫创意2025年以来，酒业并购传闻明显升温。某酒企拟收购水井坊、泸州老窖收购潭酒等同业并购传闻相继被否认；跨界案例中，青岛啤酒收购山东即墨黄酒厂的交易在推进5个月后宣告终止。围绕水井坊、泸州老窖、华润啤酒等酒企的并购传闻轮番出现，却几乎全部以澄清、否认告终。12月25日深夜，水井坊发布公告火速澄清，明确否认“某酒企拟收购水井坊”的市场消息。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251228114501a6d7d82d&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, 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14:05","pubTimestamp":1766642756,"startTime":"0","endTime":"0","summary":"对于北京市场而言，华润雪花的撤离意味着又一大租户的流失。从北京写字楼市场来看，高力国际数据显示，在2024年超过5000平米的大宗租赁成交中，搬迁类企业的需求在面积和数量上占比均超过了六成。第三季度北京甲级写字楼租金又降了需求端，国央企需求收缩，科技企业成为新的增长引擎。高力国际数据显示，2025年前三季度，北京甲级写字楼市场累计净吸纳量接近22万平方米。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251225155946a476a475&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, 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散户资金抛售","url":"https://stock-news.laohu8.com/highlight/detail?id=2593325473","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2593325473?lang=zh_cn&edition=full","pubTime":"2025-12-24 16:15","pubTimestamp":1766564145,"startTime":"0","endTime":"0","summary":"12月24日, 华润啤酒股价涨0.44%，报收27.32元，成交金额4913.4万元，换手率0.06%，振幅1.69%，量比0.31。华润啤酒今日主力资金净流入161.0万元，上一交易日主力净流出676.5万元。该股近5个交易日上涨0.44%，主力资金累计净流出2052.8万元，其中1个交易日为股价下跌时净流入；近20日主力资金累计净流入3866.2万元，其中净流入天数为14日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251224162000a6c97386&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, 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12月23日卖空量成交3000股，卖空比例为100%","url":"https://stock-news.laohu8.com/highlight/detail?id=2593049890","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2593049890?lang=zh_cn&edition=full","pubTime":"2025-12-23 16:30","pubTimestamp":1766478643,"startTime":"0","endTime":"0","summary":"华润啤酒-R北京时间12月23日，涨0.08%，卖空量成交3000股，较上一交易日持平更多个股卖空数据请看下面视窗：卖空数据是观测市场多空博弈的关键指标：短期可反映市场情绪，高卖空比例预示看空预期，但极端值可能触发轧空反弹；长期结合基本面恶化则预警下行风险。需注意其局限性：卖空行为包含对冲需求，未必单纯看空；机构可能通过衍生品做空未体现在数据中，且散户跟风易扭曲信号。股市有风险，请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251223163632a6c520c6&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, 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| 华润啤酒 12月22日卖空量成交24.9万股，卖空比例为4.56%","url":"https://stock-news.laohu8.com/highlight/detail?id=2593483023","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2593483023?lang=zh_cn&edition=full","pubTime":"2025-12-22 16:30","pubTimestamp":1766392211,"startTime":"0","endTime":"0","summary":"华润啤酒北京时间12月22日，跌1.1%，卖空量成交24.9万股，较上一交易日减少83.66%更多个股卖空数据请看下面视窗：卖空数据是观测市场多空博弈的关键指标：短期可反映市场情绪，高卖空比例预示看空预期，但极端值可能触发轧空反弹；长期结合基本面恶化则预警下行风险。需注意其局限性：卖空行为包含对冲需求，未必单纯看空；机构可能通过衍生品做空未体现在数据中，且散户跟风易扭曲信号。股市有风险，请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251222163208a469923a&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, 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华润“啤白双赋能”遇考","url":"https://stock-news.laohu8.com/highlight/detail?id=2592209197","media":"中国经营网","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592209197?lang=zh_cn&edition=full","pubTime":"2025-12-20 04:54","pubTimestamp":1766177685,"startTime":"0","endTime":"0","summary":"不久前，金种子酒（600199.SH）发布公告称，公司副总经理何武勇因个人原因申请辞职。而在此之前，公司原总经理何秀侠、原财务总监金昊已先后离职。这也意味着，金种子酒的高管团队中，具有华润背景的人员只剩副总经理刘辅弼一人。这也引发了外界“华润退出金种子”的猜测。《中国经营报》记者以投资人身份联系金种子酒，对方表示，华润不会退出金种子酒，还会陆续派其他管理人员进驻。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202512203597224284.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["IE0008369823.USD","BK1578","IE00BPRC5H50.USD","BK0215","BK1510","LU0328353924.USD","BK1604","LU1769817179.HKD","BK1583","00291","LU1794554557.SGD","600199","80291","LU1720050803.USD","LU0359202008.SGD","IE00B5MMRT66.SGD","IE0031814852.USD","BK0164","IE00B543WZ88.USD","BK0028","BK1589","BK1570","IE00B29SXG58.USD","LU1023057109.AUD","IE00B0169L03.USD","BK1180","BK1521","SG9999006514.SGD","LU0359201612.USD","LU1328615791.USD","IE00B031HY20.USD","CRHKY","BK0188","IE0008368742.USD","LU1769817096.USD"],"gpt_icon":0},{"id":"2592241154","title":"每日卖空追踪 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底部布局顺周期","url":"https://stock-news.laohu8.com/highlight/detail?id=2592547871","media":"招商证券股份有...","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592547871?lang=zh_cn&edition=full","pubTime":"2025-12-19 14:32","pubTimestamp":1766125936,"startTime":"0","endTime":"0","summary":"26 年看，成长性赛道渗透率提升继续带动成长，传统板块虽增长放缓，但CPI 预期回升下顺周期品类也有望复苏。1）全年市场复盘来看，食品饮料显著弱于市场，在所有申万一级行业中排名最后。26 年展望：关注销量改善、顺周期、成本三条主线。保健品板块26 年有望延续景气度，供给侧创新+渠道端流量加持下，重点推荐H&H 国际、仙乐健康，关注百合股份、科拓生物。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251219143218a45eb89c&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, 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