疫後復甦板塊集體活躍:酒類、餐飲、酒店、美容護理等板塊領漲
格隆匯12月22日丨A股市場酒類、餐飲、酒店、美容等疫後復甦板塊今日集體活躍。酒類股中,水井坊、蘭州黃河、莫高股份、會稽山漲停,五糧液漲4%,茅台漲超2%;美容護理股中,上海家化、青島金王漲停,貝泰妮、中順潔柔漲超7%;酒店餐飲股中,全聚德漲停。國盛證券最新研報指出,展望2023年,疫後時代開啟,經濟復甦可期,消費信心重塑。2023年消費整體表現仍將主要受疫情演變節奏和經濟發展趨勢與預期而影響驅動,疫後復甦及困境反轉仍是主線邏輯。操作上,短期可重點配置白酒、運動、美粧等可選消費方向。中信證券稱,海外疫情管控政策明確放鬆後消費從開始修復到完全恢復基本上經歷3-4個季度時間,可劃分為逐步放鬆管控到明確放鬆、開啟與病毒共存經歷疫情高峯、完全迴歸常態三大階段,當前國內逐步進入第二階段,短期雖存在疫情不確定性,但終會邁向第三階段。根據海外經驗,服務業在疫情影響完全消除後彈性更大,不管本地消費還是長距離出行消費普遍體現較強價格彈性,致收入恢復更優。


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