Textile and apparel concept 15 intraday rally higher, as of press time, American Apparel stopped, Cuihua Jewelry, Cai Bai shares rose more than 5%, DIA shares, Ming Brand Jewelry rose more than 4%.
Retail concept is also strong, as of press release, Shanghai Jiubai, deep Sage stop, Hangzhou Xiebai rose about 6%, Xujiahui, friendly group rose more than 3%.
On the news, the National Bureau of Statistics released the latest data show that in the first eight months, the total retail sales of consumer goods increased by 7% year-on-year, service retail sales increased by 19.4%, service consumption for the whole market is very obvious.
National Bureau of Statistics spokesman Fu Linghui said on September 15 at a press conference at the State Council Information Office, since the third quarter, affected by a number of factors, some commodity sales have slowed down, but the market sales recovery trend is still continuing, the service consumption trend is better, the consumption of driving effect continues to appear. The next stage, the Mid-Autumn Festival and National Day "double festival" is approaching, "11" holiday will continue to play a leading role in service consumption is expected to maintain faster growth.
For textile and apparel, Everbright Securities said, with the Mid-Autumn Festival and National Day holiday coming, the traditional golden week consumption is expected to bring some boost. In the medium and long term, as the industry further reshuffle, the continuation of the trend of national tide, cost-effective consumer attention to enhance the impact of multiple factors, continue to optimistic about the accumulation of brand power and outstanding product power, relatively benign operation of the head of the brand.
For retail, the agency said that the National Day and Mid-Autumn Festival holiday is coming, short-term leisure travel and related retail track or there will be subjective trading opportunities, long-term consumer recovery trend will continue, investors are advised to continue to track the relevant data to verify. Breakdown of the track, continue to optimize the development of gold products with a certain value of investment and preservation of space, it is recommended to pay attention to the leading gold jewelry companies.
Source: Securities Times