Category: Money Tips Date: 2007-04-25
Recent Quotes into the shock phase, as opposed to broad based stage, the money seems more difficult. However, as long as investors seize the "cost" the leading main line performance of listed companies to elect the dark horse should not be difficult.
In the paper industry, for example, imports of wood pulp paper making enterprises accounted for about 70% of the production costs, the cost of imported waste paper, paper making enterprises accounted for about 60% of the production costs. Currently, China's enterprises producing high-quality paper in the manufacturing process is highly dependent on imported pulp and waste paper, which means that the yuan appreciation, the paper's import costs will drop significantly. According to statistics, the paper industry with WORLDTEX 2.7 billion, compared with 39.7% same period last year, then by level of appreciation of the yuan 2%, can be directly cost 6-7 billion yuan, becoming the direct driving force rebound paper plates . Specific estimates are as follows: If the 2 percent revaluation of the RMB, the cost of imported wood pulp will fall by 1.4%, imports of waste paper costs fell by 1.2%; if the appreciation of the RMB rate to 3% of the cost of imported wood pulp may be reduced by 2.1%, imports of the cost of waste paper can be down 1.8%. In this way, Yueyang Paper and other related companies, such as the performance of significant growth will occur, the stock had rebounded also be expected.
In addition to the paper industry, the China's electronic information industry costs will decrease as the yuan appreciation, investors can also look for dark horse from the technology stocks.
Data show that in 2004 China's electronic information products and imports 180.93 billion U.S. dollars, in order to calculate the current 2 percent revaluation of the RMB, import spending will be reduced by 3.616 billion U.S. dollars, the industry costs will fall by about 30 billion U.S. dollars. The main beneficiaries of products including personal computers, DVD, and digital cameras and other electronic consumer products and electronic components, most of which products are foundries. We note that the domestic computer manufacturers, mainly in the domestic market, while the computer's key components to rely on imports, the yuan revaluation will allow computers to reduce the cost of production is conducive to domestic pricing and marketing of computer, operating a computer technology stocks will benefit.
