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    BELLE Shoes Hongkong'S Hang Seng Blue Chips

    2010/9/7 11:44:00 79

    Shoe Company BELLE Heng

    According to media reports,

    China footwear industry

    Leading enterprises in Shenzhen

    BELLE shoe industry

    Formally incorporated into Hongkong

    Hang Seng Index

    Constituent stocks become one of the 45 stocks of the benchmark index, accounting for 0.99% of the market value, and the total market capitalization of more than $15 billion is listed in Hongkong's Hang Seng blue chips.


    Jin Heng is not a low occupation ratio.


    Guan Yongsheng, director and general manager of Hongkong Heng Zhi company, said that the current adjustment is taking into account that BELLE has long been in line with the criteria for becoming a constituent stock of the Hang Seng Index, and that its proportion is not low after the election. The number of pro forma is 0.99%, higher than that of many existing constituent stocks. Moreover, BELLE is also a relatively deficient domestic demand stock in the constituent stocks, which will increase the market representativeness of the Hang Seng Index.


    At present, there are not many consumer theme stocks in the stock index company. Only Huarun Entrepreneurship (00291.HK), Si Jie (00330.HK) main income from Europe, the mainland is relatively small, so BELLE into the Hang Seng index is of great significance.

    It is understood that, as an important reference index of the capital market, the criteria for selecting constituent stocks, besides market value, should also refer to the free circulation of shares, as well as the financial status and industry representativeness of enterprises.

    In a short span of 3 years, it was included in the stock index of the Hang Seng Index, and BELLE handed in a satisfactory answer to the capital market.


    According to the first half performance report released by BELLE international in the first half of June 30, 2010, BELLE achieved a total revenue of 11 billion 150 million yuan in the first half of the year, an increase of 19.7% over the same period last year, and a net profit of 1 billion 556 million yuan in the first half, an increase of 36.9% over the same period last year.

    {page_break}


    Hong Kong stocks rose most


    Shenzhen footwear industry, the leading shoe enterprise in China, was formally incorporated into the constituent stocks of the Hang Seng Index of Hongkong, becoming one of the 45 stocks of the benchmark index. The market value weight accounted for 0.99%, and the total market value of the index exceeded 15 billion US dollars in Hongkong's Hengzhi blue chip stock market.


    BELLE international is China's largest female shoe retailer, ranking second in the world's listed footwear companies (the first is Nike, its market value is $35 billion 860 million, third is Adidas, and its market value is 11 billion 150 million dollars), and the shoe giant is listed in the blue chips of Hong Kong stock, which once again wrote a new milestone in China's footwear industry.


    In September 6th, BELLE international closed market 14.8 yuan, up 0.9 yuan, an increase of more than 6%, becoming the best blue chip stock on that day.

    Reporters observed the disk, found that, at the beginning of the opening, BELLE international was pulled up by a huge sum of money with a large amount of money, and then circled high to close the market with a large line. The highest price was quoted at 14.8 yuan, which is the highest price since the listing of BELLE international.


    From 2007, BELLE international landed on the main board market of Hongkong stock exchange. Today, the sales volume of the company has doubled to 20 billion yuan, and the number of retail outlets in the country is over 1. The total number of shoes and clothing brands is nearly 30. According to the sales volume, BELLE accounts for six of the top ten brands of Chinese women's shoes.

    In addition, BELLE shoe industry is the world's leading sports brand Nike and Adidas in China's largest distributor.

    After decades of diligence and development, BELLE shoe industry, which has come out of Shenzhen, has made remarkable achievements for its peers.


    According to information collected by reporters, since August, a number of investment banks have carried out the latest investment rating for BELLE, of which 7 major banks have raised their target price. The target price is between 12.7 yuan and 16 yuan, and 7 of them are optimistic about their development prospects.

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