Zhongyuan Securities: Yantai Spandex "Overweight" Rating

Business income

706 million yuan, an increase of 37.41% over the same period; attributable to shareholders of listed companies.

achievement

It meets the expectation.

The main reason for the sharp increase is that since the second half of 09, the boom of the spandex industry has been rising rapidly, and the price and sales volume of the spandex products have increased substantially over the same period last year. Meanwhile, another leading product of the company, aramid, has increased its export orders due to the growth of global market demand, and the sales volume has increased substantially.

Shanghai and Shenzhen Stock Markets

Today, the stock market continues to rise strongly, and the Shanghai stock index takes 2500 important points.

It closed at 2528.73 points, up 2.15%.

Nearly 28 stocks fell in nearly 2000 stocks in two cities.

With the momentum of the rainbow rising, the Yantai plate also continued to rise yesterday. The 17 stocks except Yantai spandex dropped 0.06%, and the rest rose.

As a result of two consecutive days of rising prices, many investors began to make a big margin.

This has also attracted many over-the-counter investors. According to statistics from a number of securities business departments in Yantai, the number of securities accounts increased significantly today than last week.

However, due to the recent continuous rebound has made the market risk once again condensed, a number of brokerage analysts suggested that the current market mentality is still relatively short, and after a sharp rebound, it is not appropriate to catch up again.