Seven Wolves And Other Faucets Were Abandoned By The Fund

Textile and garment enterprises are facing unprecedented pressure: RMB appreciation, export tax rebate reduction, environmental standards more stringent, cost increase, profit reduction, etc., more importantly, many leading companies in the industry have been eliminated by the fund.

According to the insiders, although the textile and garment industry is in urgent need of breakthroughs, the recent rumors that the export tax rebate rate may be lowered again will make the industry worse.

At the end of the third quarter of 2007, there were only 2 listed companies in the textile and apparel sector, which were heavily held by the fund, YOUNGOR and Rebecca. 5 of the listed companies were eliminated, and none of them was overweight.

Industry brand leader also can not escape the fate of being reduced, seven wolves, Xinmin technology, Jinying shares, Huafang textile, three Lane 5 listed companies were reduced by 100%.

Analysts believe that the majority of stocks in the sector should adopt a strategy of reducing prices.

Of course, for some companies with competitive advantages, they can still pay close attention to the adjustment of their stock prices, such as brand clothing retailers, seven wolves of business innovation enterprises, Zhonghe shares, Weixing shares, YOUNGOR and other stocks.