China's general merchandise stocks significantly improved the rating of Morgan Stanley to attract

Chinese department stores have been significantly improved this morning, the Golden Eagle Trading Group (03308-HK) is now 10.61% lead, the New World department Store (00825-HK) also rose 6.9%, Parkson Group (03368-HK) + 5.07%, Mau Yeh International (00848-HK) and the United States business (08277- HK) also rose 4.28% and 2.55%, while Yintai department store (01833-HK) rose 1.74%.　　Morgan Stanley issued a report saying that the rating of Chinese department stores has been lifted from a consensus with the big city, citing macroeconomic prospects, improved industry fundamentals and good technological trends in valuations. Morgan Stanley regarded the Golden Eagle trading Group as the industry's preferred unit before announcing its interim results, raising its share rating from neutral to overweight, raising the target price from HK $5.20 to HK $12.2. The bank also favored Parkson group, the reason is the industry leader, liquidity is better, the rating from reduction to overweight, the target price from HK $5.8 to HK $12.85. At the same time, investors were advised to buy Yintai at low prices, as the 2010-year profit growth potential was greater; the rating was raised from neutral to overweight, with the target price raised from HK $2.45 to HK $5.4. But a cautious view of New World department stores, maintaining a neutral rating, raised the target price from HK $3.2 to HK $6.6 because of the many opportunities for management shop acquisitions.