Bank of China International published a research report, recommending Express (01368-HK), Golden Eagle (03308-HK), and Jingkelon (0814-HK) since rising incomes of mainland residents support domestic demand. The total retail sales growth rate fell 0.2 percentage points from month to month, mainly due to the fact that the Mid-Autumn Festival was brought forward from October last year to September of this year, but the total retail sales growth rate from year to date has remained at the level of 18.3%, while the combined retail sales volume in September and October increased by 18.7%, 0.3 percentage points higher than the growth rate in August. It expects the growth rate for the whole year to be higher than 18%. The bank also pointed out that the total retail sales growth rate of enterprises above the scale in China rose 0.3 percentage points to 29.6%. The growth rate of most product categories in October fell from September, but the growth rate of clothing, footwear and accessories rose from 26.7% in September to 32.6% in October. Jewelry sales growth remained the highest among all product categories, with a year-on-year increase of 45.6% in October. Based on the above reasons, Bank of China is optimistic about Express, Golden Eagle, and Jingkelon. Among them, the number of orders for XTEP's order fair in the second quarter of 2011 increased by as much as 25%. It is still the company that has recorded the highest growth rate among its peers. Golden Eagle has a superior competitive advantage, while Jingkelong's stock price is currently at a price-earnings ratio of 16.2 times the predicted price-earnings ratio in 2011, showing a 35.2% discount from the weighted average price-earnings ratio of 25 times. Stock Name/Investment Rating/Target Price Special (01368-HK) /Buy/$8.36. Golden Eagle Trading (03308-HK) /long-term purchase/23.1 yuan. Jingkelon (0814-HK) /long-term purchase/11.4 yuan. Baisheng Commercial (03368-HK) /Neutral/12.41 yuan. Yintai Department Store (01833-HK) /Buy/9.29 yuan.