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    CITIC Securities: Textile And Clothing Consumption Is Growing At A High Speed.

    2010/6/18 15:45:00 38

    citic securities

    The latest textile and apparel industry research report pointed out that textile and garment sector rose to the forefront of the market in June 10, 2010, including brand retail companies.

    Seven wolves, Luo Lai home textiles, fuanna

    The increase was 7.84%, 5.08% and 4.31% respectively.


      

    citic securities

    It is considered that the export will increase fairly well in the first three quarters of the year, or increase or decrease in the fourth quarter, but the two digit growth can be maintained throughout the year.

    Textile and clothing consumption is at a stage of rapid growth. The series of policies to encourage economic pformation and increase household consumption will undoubtedly benefit the brand clothing retailing.


      

    citic securities

    It is pointed out that domestic demand will continue to be strong. Every brand retail companies will vigorously develop channels and brand, share the industry growth and have bright future prospects, which will be the first choice for investment.

    First of all, seven wolves and happy birds, which are established by the growth of performance, are recommended to focus on the operation of the United States and the costumes on Saturday.

    The performance of home textile companies will grow rapidly in 2010, but it is necessary to further observe whether the real estate lags behind in 2011.

    Manufacturing sector: export pressure in the fourth quarter, high price of new cotton, and RMB appreciation factors will make the growth of manufacturing enterprises unable to synchronize with revenue. It is suggested that attention should be paid to the growth of domestic consumption and the low proportion of Jiangnan high fiber and Weixing shares.

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