July 11, customs announced on June textile exports 186.65 billion dollars, 33.44% year-on-year growth.
Report says, citic securities industry, the first rally much higher than expected. Low base and restore order and promoting economy and competitive advantage promotion is the main reason. By 2010, maintain late looking double-digit annual export growth under judgment, optimistic forecasts are expected to reach 15%, but will fall. In annulus Common ideal reported performance. Textile brand companies are now 40% medium-term performance in one; growth, Brand clothing company growth can reach more than 30%, Processing manufacturing companies also have 20% above average growth.

  Report says, current valuations for processing and manufacturing sector in 2010, including lutai 23 times PE, shares, A people share valuations are respectively the 2010 12, 13 and 17 times PE, exports are expected to exceed expectations drive rallies. Industry status, export proportion, low consumption growth benefits jiangnan high-fiber (10/11/12 0.40 EPS / 0.53/0.70 yuan), the current valuations in 2010, only 16 times is emphatically recommended second mark. Looking for domestic consumption, open and profit-making mode to "brand operation" transformation will be an opportunity for the development of industry, brand retail sector performance, maintain the growth plate "sale" rating, more clearly grasp "growth performance with seven ones" Wolf (10/11/12 EPS 0.97/1.27/1.66 yuan) and news EPS 0.85 10/11/12 birds ($1.40 / / 1.10), concern about "business" (appear turn clothes and Saturday.

"Chinese textile net source."

Editor: lara