Three Lines And Three Big "Singing Good" Textile Stocks

Hong Kong stocks returned to the twenty thousand point last week, a 2.08% rise in the whole week. The observation list almost all recorded an increase. The textile stocks that had been sung by the big companies rose to the top last Friday (18).

Three Dali sing good textile stocks

Whether or not an industry recognised a recovery, we should pay attention to whether people in the market are strongly supported in addition to observing the changes in the industry's data.

Last Friday, the textile company won the credit of the big foreign bank Credit Suisse, and attracted investors' support from real gold and silver.

The credit rating of Credit Suisse First to textile stocks, the three main reasons for "singing well" include: accelerating industrial integration, strong domestic sales and rebound in overseas markets, and a shortage of upstream productive forces.

The bank believes that under the shortage of supply and the pfer of upstream costs, it will become the driving force for textile stocks in the next 6 to 12 months.

Meanwhile, the current price of the industry is only 3.5 to 5.7 times earnings in 2011, and the relative profit is 19% to 38%.

The bank said that Shenzhou is the industry's first choice, giving a target price of 11.44 yuan, and rating "win the market".

The ratings of "Tianhong", "Guan Hua" and "mutual exchange" are all "win the big market". The target price is 4.89 yuan, 2.18 yuan and 4.59 yuan respectively. The potential returns are considerable.