XTEP Winter Orders Will Be Ideal.

　　 According to Hong Kong media, Deng Sheng Xing, director of Hongfu asset management research department, commented that the Hang Seng Index fell 19000 at the beginning of last week and was 18972 below the European debt crisis. However, Hong Kong stocks rose three trading days on Friday, closing off 19766 on Friday. Heng index rose 220 points throughout the week, with an average daily turnover of 69 billion 200 million yuan. Technically, the Hang Seng index recovered and stabilized on the 10 antenna (19597), reflecting the trend of stability, the short term between the 19500/20000 hovering, resistance located in the 20 antenna (20012).

Stock recommendation: Shimao real estate (market, information, commentary) (0813) the first four months cumulative sales contract exceeded 8 billion yuan, an annual increase of 13%, while the total sales area increased by 2% to 737 thousand and 500 square meters. The sales increase is larger than the sales area, reflecting that the group has no sales promotion, believing that the group can achieve the sales target of 30 billion yuan a year.

In addition, the group's hotel in Shanghai also benefited from the Expo, occupancy rate rose to 90% level. The target is 13.4 yuan, and it will be 10.6 yuan. XTEP International (market, information, commentary) (1368) winter order will achieve satisfactory results, and the order amount will rise by 25% year on year. Growth in the first three quarters was also stable, reaching 22%, 20% and 23% respectively.

In the fourth quarter, orders for clothing products increased by 26%, shoes increased by 23%, and average product prices increased by unit figures. Among them, the order of running shoes increased by 43%, while the average selling price increased by 10%, which could become one of the driving forces for future growth. The target is 6.6 yuan, with a stop loss of 5.8 yuan.