Hong Kong stocks general pressure on afternoon consumer stocks

View the latest quotes Hong Kong stock market 22nd afternoon consumer stocks general pressure, Anta Sports now fell 3.65%, Parkson Group fell 3.21%, but Guotai bullish on such stocks. The Hong Kong stock market narrowed down on the afternoon of January 22, with the Hang Seng index at 20634.51 points, down 228.16 or 1.09%, consumer stocks generally under pressure, Anta Sports (02020) are now down 3.65%, at HK $11.08, and Parkson Group (03368) has fallen 3.21%,　　Reported HK $12.68, and Yintai department Store (01833) was flat at HK $7.64, and the Golden Eagle Trading Group (03308) rose 5.88% and reported HK $14.4. Guotai published a study that says investors should focus on the expansion of department stores in China's consumer sector because of the relatively low risk of sharp swings in sales.　　The securities broker recommended timing overweight group, Golden Eagle Trading Group and Yintai department store. For sportswear operators, same-store sales in the fourth quarter of 09 and fair sales in the third quarter of fiscal year 2010 will increase further, guotai that future sales growth will be robust. Guotai suggested timing overweight Anta sports. While China still faces policy tightening concerns, Guotai said a lower or moderate inflation environment in the first half of 2010 would lead to a rise in the income of most retailers.