Textile And Garment Industry: Textile And Clothing Demand Further Release

Industry's core view:

Shen Wan textile and apparel index rose 2.44% last week, running 3.38 percentage points off the Shanghai Composite Index, and twenty-sixth in Shen Wan's 28 tier one industry index. In terms of sub sectors, men's wear and home textiles are the best. Kang Longda, Bo Bao Long, Xun Xing shares are among the top gainers. In the short term, the epidemic situation is gradually controlled, and the demand for textile and clothing is further released. The performance of enterprises in the second half of this year is expected to be improved. In the medium to long term, this epidemic has prompted more people to pay attention to physical health and physical training. In the future, with the increase of people's activities and the cultivation of exercise habits, the demand for sports apparel is expected to rebound strongly.

Main points of investment:

Market review: last week (June 29th -7 3), Shen Wan textile and apparel index rose 2.44%, running 3.38 percentage points off the Shanghai Composite Index, and twenty-sixth in the 28 industry index of Shen Wan. Since the beginning of this year, Shen Wan textile and apparel index has dropped by 3.66%, running 7.03 percentage points off the Shanghai Composite Index, ranking twenty-fourth in the 28 sub sectors of Shen Wan. Two level sub plate, textile manufacturing 2.57% last week, clothing home textiles 2.36%; the beginning of the year textile manufacturing -5.56%, clothing home textiles -2.65%. The PE of the plate is estimated to be 24.64 of textile production and 37.48 of apparel home textiles. Three level sub plate, textile manufacturing last week, wool spinning 2.96%, cotton spinning 3.06%, silk -0.82%, printing and dyeing 2.14%, accessories 2.93%, other textile 2.56%; clothing home textiles, men's wear 4.63%, women's wear 0.17%, casual wear 3.39%, shoes and hats -2.43%, home textile 4.29%, other clothing 2.87%.

Important events in the industry: Overseas: Gucci has cut down the wholesale channels of the third parties in a big way; Gap has announced the launch of the Yeezy Gap popular clothing line with "kan Ye"; and Lululemon5 billion has bought the intelligent fitness "mirror" company which has been founded for less than two years. China: La Natsu Bell pulled off the delisting alarm "dystocia" annual report came out, net loss of 2 billion 166 million; Taiping bird hand in hand SORONA launched a series of bacteriostatic clothing series to create a new healthy fashion experience; the "quality gate" has also been involved in plagiarism.

The important announcement of the listed company: the expiration of the expiration period of the employee stock ownership plan of the company; the announcement of the shareholding reduction and the non-public issuance of the gem; the announcement of the price adjustment, the distribution of rights and interests and the announcement of the share change of the stock market; the reduction of the shares of the shareholders of the state group; and the lifting of the pledge of shares of the controlling shareholder of the shares.