Tianhong Textile Stop Six Consecutive Down Now Rose Nearly 9%
Tianhong textile (02678.HK) has continued to decline in recent days. The previous 6 trading days were even falling.
The stock price rose 8.91% today to HK $9.66, with a temporary turnover of HK $8 million 950 thousand, the latest total market value of HK $8 billion 829 million.
The company is mainly engaged in the manufacture and sale of yarns, grey fabrics and fabrics as well as garments.
Everbright Securities has pointed out that the existence of multiple positive factors in 2019, the globalization opportunities brought by the layout of Turkey and Mexico.
The jeans business is expected to begin to produce positive results in 2019.
According to ge Long Hui, previously, Tianhong textile 2018 profit 1 billion 163 million 100 thousand yuan, up slightly 1% over the same period.
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