The depreciation of RMB is beneficial to foreign trade export, and textiles, clothing, toys, shoes and hats are the biggest beneficiaries. It is estimated that the sales profit rate of textile and garment industry will increase by 2% ~ 6% for every RMB depreciation 1%.
Related stocks: Lutai A, Schwab Silk, Vosges, Fanghua, Seven Wolves; Qunxing Toys, Gaole Shares, etc.