State Owned Enterprises Focus On Textile Sector Reform And Strong Demand.

Policy boosts reform expectations and concerns local policies.

In the competitive textile industry, there is a strong expectation of state-owned capital, and the mixed ownership reform of private capital will go further in the second half of this year. ESOP will start a pilot project with mixed ownership reform.

In the textile manufacturing sector, the proportion of state-owned enterprises reached 78%, a total of 14.

The problem of low efficiency of state-owned enterprises in textile sector is relatively strong, and there is a strong demand for reform.

The three path leads to the reform of textile state owned enterprises: 1) the reform of mixed ownership, through the withdrawal of state capital, stimulate the vitality of enterprises, establish a modern enterprise system, improve work efficiency, and improve.

2) injection of the group assets, the quality of the non listed assets under the group's flag can be injected into the market of the textile enterprises, which can be obtained

It can also improve the losses and difficulties of textile enterprises and kill two birds with one stone. 3) companies with shell value, some small companies with small market capitalization, poor performance, no assets being injected into the group, and no group forming linkage and developing companies, which can be brought back to the market by other industries.

Complete revaluation.

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In order to enhance the marketization and benchmarking of the RMB exchange rate against the US dollar, the central bank has decided to improve the quotation of the RMB to the US dollar exchange rate.

Since August 11th, market makers have referred to the closing rate of the interbank foreign exchange market in the daily interbank exchange market before considering the demand and supply of foreign exchange and the exchange rate of major international currencies.

In August 11th, the central parity of the RMB against the US dollar depreciated by nearly 2% compared with the August 10th median price.

Qilu Securities believes that the adjustment of the central parity of RMB against the US dollar is a one-time adjustment to the expected depreciation of the RMB exchange rate.

China's sustained economic performance is in the doldrums. The US interest rate increase is expected to exist. In addition, a large amount of liquidity has been released from the early bailout financial system, leading to a strong devaluation of the RMB.

In addition, the spot exchange rate of RMB against the US dollar hit the highest level in nearly a year on 18 May, and remained stable for 3 consecutive months, exacerbating the expectation of depreciation.

Qilu Securities said that the depreciation of the renminbi will lead to an event investment opportunity for export oriented industries.

Short term opportunities suggest that industries with greater elasticity of export delivery and exchange rate elasticity of export delivery will be more concerned.

It is suggested to pay attention to textile, clothing, furniture, instruments and meters, culture and education, sports, food and beverage, computer and other industries.

Specific targets such as Lu Tai A, Huafu color spinning, Del home and Meck home and other stocks.

The depreciation of RMB is conducive to the export of domestic enterprises. According to the annual report of Lu Tai A last year, the composition of main business income is classified by region, and domestic sales account for only about 30%, and export proportion is larger.

From the perspective of its export business, Southeast Asia, Europe and the United States and other regions have a large volume of business.

After the data show that Lu Tai A yesterday by institutions and hot money to jointly promote the trading volume, which institutions buy a larger sum, buy one and buy two seats are institutions, combined to buy 75 million 720 thousand yuan, accounting for about 10% of the day's turnover.

In addition, Haitong Securities Hangzhou Jiefang Road securities business department, Huatai Securities Shanghai Macao Road Securities Business Department bought more than 20 million yuan.

On sale, one agency sold 33 million 30 thousand yuan, and the Wuhan Hongshan Road Securities Business Department of Jinyuan securities sold 14 million 150 thousand yuan.

Among other stocks, Smith Barney costumes were also trading yesterday.

Post market data show that the rise of American barrack clothing is mainly driven by hot money, and the active Jiangmen capital Jiang Hua securities business department buys the most money, which is 81 million 970 thousand yuan; Qilu Securities Ningbo Jiangdong North Road Securities Business Department, Qilu Securities Shanghai Jianguo Middle Road Securities Business Department, Huatai Securities Shanghai Wuding Road Securities Business Department also bought tens of millions of yuan.

In terms of selling, the first five seats were all hot money, but the amount of selling was relatively scattered. Guoxin Securities Beijing Three Mile River Securities Business Department sold the most, which was 21 million 120 thousand yuan.

Thailand shares yesterday trading for third consecutive trading days, the 3 days after the data show that galaxy securities Hangzhou Qingchun Road Securities Business Department to buy the most, for 21 million 30 thousand yuan, in addition, 3 institutions have bought more than 10 million yuan.

Card NDI road also rose sharply in the past 3 days, a total increase of 32%.

After the data show that these 3 days, the main buyers and sellers are brokerage business department, including the new era securities Tianjin Changjiang Road Securities Business Department to buy the most amount, to 38 million 390 thousand yuan.