Minsheng textile and clothing yield rate of -3.21%

One week of industry news (1) "exception" appeared in the moment of the Chinese building style at the moment of the Moscow airport jet elevator. Fast fashion seized the market in Chengdu, a large and bright flagship store, and went down the road from the second half of last year. The sportswear shop has a nightmare. This is only six months this year. The apparel industry has experienced many ups and downs. (2) The demand for Beijing's retail property market is active, and the prime retail district's high-quality retail properties are still the preferred choice for the expansion of internationally-renowned brands, so rents in the core business district still have room for growth. (3) Since the beginning of this year, Guangdong's foreign trade data is like riding a roller coaster. After undergoing the “songs and bangs” in the first four months, it has continued to decline. In June, the year-on-year growth of imports and exports was a 4.5% negative growth. In addition to the official crackdown on false trade, this situation has become more and more inseparable from the worsening export situation. Many small and medium-sized enterprises responded that orders have been shrinking due to sluggish demand. (4) In the face of shrinking international markets, domestic menswear companies have turned to expand their domestic market. However, due to the high rents on the stores and poor employee stability, they have become an important factor restricting the development of many apparel brands. (5) Apparel companies have tested water brand strategy and expanded to multiple market segments. Observers in the industry believe that multi-brand strategy has advantages and disadvantages, and the specific implementation is much more complicated than the plan. (6) At present, the overall operation of the textile industry is affected by the international financial crisis. The export situation is grave and the pressure for transformation increases. China's textile industry must “go out” and must choose a good market for development. Among the many destinations, ASEAN is the most attractive and most operative market.

Nearly a week: Underperformed the Shanghai-Shenzhen 300 Index 0.55 percentage points, ranking the 8th lowest profitability rate. In the past week, the people's livelihood textile and apparel industry index yield -3.21%, underperformed the CSI 300 index (-2.66%) 0.55 percentage points , in the 29 first-tier industry index ups and downs ranked eighth in the penultimate. Among them, the yields of the textile and garment sub-blocks were -3.46% and -2.91%, respectively. In the past week, Minsheng's textile and clothing stocks (Huafu Spunlace (002042, Shares), Luthai a) recorded a fall of -7.01%, underperformed the Shanghai and Shenzhen 300 (-2.66%) by 4.35 percentage points, and underperformed the people's livelihood in textile and apparel. The index (-3.21%) is 3.80 percentage points. Among them, the range of stocks rose by -11.70% for Huafu Color Spinning and a-4.62% for Luthai.