probability of the entire tourism sector November outperform larger

Recently, the number of research institutes publish a 2012 tourism business strategies report: contained in the next investment bubble, adjusting structure under the background of expanding domestic demand will highlight the market theme tourism features has an associated high, strong impetus must receive strong support from policy. Medium and long term diablo 3 gold, the tourism industry will enter the Decade. Four quarters are expected to outperform2011 continued fast growth in domestic tourism, golden week on a high base of another record high, reflecting the strong demand for tourism. Tourism is expected to continue to improve the overall environment in 2012: take more rapid economic growth, tourism policy is expected to introduce, Beijing-Shanghai high-speed train effect may gradually reflect. According to calculations, dynamic PE arithmetic mean at present tourism focused on the company in 2011 32. Twice times, derived from the wind the consensus estimate of tourism sector valuation 33.9 times 2011 dynamic times, focused on the company's overall valuation dynamic 32.3 times. Guosen securities industry report analysis, from the perspective of historical performance, probability of the entire tourism sector November outperform larger, but in October stocks exceeded expectations also increase short-term uncertainty. Three quarters ofThe report, will enter the off-season and short-term industry sector relies primarily on the catalytic factors of uncertainty related to industry policies issued, however tourism sector three quarterly data is further evidence that the industry growth is good and 2012 focus of the company's overall dynamic PE only 24.1 times times, long-term investors may continue to be robust in the four-quarter holding or holdings of bargain key tourism stocks. High premiumAcknowledged industry valuation by the market situation, present CSI 300 premium 2.66 times times, is high, since 2010 CSI 300 premium tourism industry gradually climbed, maintained at about 2.5 times times, higher premiums have been market identity; in culture, under producer services policies in support of the situation, policy benefits in tourism industryPossibilities increase, relatively high market growth will be sustained tourism industry next year diablo 3 power leveling, valuations will be relieved. Livelihood security recommended song shares, Tibet tour, Youth Brigade, both scenic spots such as Guilin tourism development potential and cultural development of the company.