Textile And Garment Exports Face A Risk Of Falling After Exceeding Expected Growth
1-7 months, China
Textile and garment industry
The total realized exports amounted to US $109 billion 667 million, an increase of 22.94% over the same period, and the growth rate continued to climb.
In July, exports of textiles and clothing increased by 27.01% over the same month, rising by 11.41% compared to the same period, and export performance was still relatively strong. However, it was also seen that the growth rate of the chain was declining.
The key economic data in the US have not been effectively improved, and the decline in demand is still.
restrict
The main factor of exports is expected that after July export data peaked, the follow-up exports will reflect the demand changes in the European and American markets, and maintain a "neutral" investment rating for the entire textile and garment industry.
Individual stocks, taking into account the second half
achievement
For the growth and early growth, we recommend the company as good news bird (002154) and American bond (002269), maintaining its "highly recommended" investment rating, giving Weixing share (002003) and Lu Tai "prudent recommendation" investment rating.
Supplement:
Securities short: Nanfang Stock Code: 600250 number: pro 2010-16.
Notice of the Nanjing textiles import and export Limited by Share Ltd on the suspension of shares of the company
The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Because the Nanjing textile import and export Limited by Share Ltd (hereinafter referred to as the "company") will discuss important issues in recent years, and the important matters are uncertain, so we need to consult the related parties.
To avoid abnormal fluctuations in the company's stock price, safeguard the interests of investors and ensure fair information disclosure, the company's stock has been suspended since August 12th.
The company will consult the relevant parties after the suspension, and timely announcement.
Notice hereby.
The board of directors of Nanjing textiles import and export Limited by Share Ltd
August 12, 2010
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