Quotes: The broader market showed an adjustment trend this week. The Shanghai and Shenzhen 300 Index rose 0.17% throughout the week, the GEM Index fell 0.78%, the textile and apparel industry fell by 1.21%, weaker than the Shanghai and Shenzhen 300 and the GEM Index, including textile manufacturing and brand The apparel sector fell by 0.41% and 2.26% respectively. In terms of individual stocks, some high-quality manufacturing companies performed well. There were also new stocks and transition stocks that experienced large gains in the previous period. There was a pullback, and we covered the lives of Rollei, Luthai A, Vosges, Aokang International, and Pathfinder. . Click to learn immediately about cashmere sweaters Click to learn immediately about cashmere sweater company This week's key report: Futures shares tracking: Netease's strict selection and the most controversial issues behind living patents: Consumer upgrading is inseparable from domestic quality manufacturing leaders. Click to learn immediately about cashmere sweater suppliers This week, the textile and apparel segment continued to show a significant decline following the small index. Only some blue chip stocks and the theme stocks were relatively defensive. Currently, the textile and apparel segment has been continuously adjusted, and the PE (TTM) has fallen from the highest 63-fold to 33-fold. An average of 31 times in history. In the short term, the CSRC issued four IPO approvals on Friday, and the number of issuances decreased from the previous period. This has a positive impact on the short-term market to a certain extent. It is expected that the growth stocks and the market value of small and medium-sized companies will be boosted. From a fundamental perspective, the high-end consumption continues to pick up this year. Our newly tracked mid-to-high end men's and women's wear and jewellery maintained a good growth rate in the previous four-month period. Export manufacturing benefited from a year-on-year depreciation of the yuan. It is even more apparent that the weak recovery of downstream demand has maintained steady growth, and the public brand performance has been relatively weak (an improvement in the second quarter). We expect that the industry will continue this trend in 17 years. In the process of further concentrating the market style into the leading industries, high-yield, low-valuation, high-growth consumer white horse stocks have higher defensiveness and investment value. We recommend that we pay more attention to improving the fundamentals of the bottom-up stocks. Future industry investment opportunities are mainly considered from the following aspects: (1) Fast-growing, low-PEG companies, mainly recommending cross-border links (002640, buy), Goreth (603808, buy), and Antarctic e-commerce ( 002127, increase holdings), found in special (002503, increase holdings). (2) Companies with high margins of total market capitalization, recovery of the main business, or soundness are recommended by Seven Wolves (002029, Buy), Jiu Mu Wang (601566, Buy), and Fu Anna (002327, Buy). (3) Companies with stable main business, low PE, and high expected dividend yield, recommend Haishu Home (600398, Buy), Semir (002563, Buy), Youngor (600177, Overweight), Luthai A (000726, increase in holdings). (4) The relatively scarce quality suppliers in the process of consumption upgrade are advised to pay attention to Weixing (002003, increase in holdings), Vosges (002083, buy), Huafu Seshun (002042, not rated). Want to learn more about cashmere sweater: accessible Pay attention to WeChat public number "Cashmere sweater industry platform" to learn more about cashmere sweater information Chenille Socks,Popular Chenille Cosy Socks,Girls Chenille Cosy Socks,Classical Chenille Cosy Socks Jingjiang Pingdong Import&Export Co.,Ltd , https://www.socksjjpd.com
Overseas Highlights: (1) Coach has formally and fully acquired KateSpade. (2) UltaBeauty's profit in the first quarter of the new fiscal year increased by 40%, and it plans to open 100 new stores. (3) Victoria's Secret Victoria's secret store sales in May stopped falling, and parent company LBrands resumed growth. (4) Private equity fund Kohlberg acquired US$2.4 billion in consumer equipment giant Newell Brands' winter equipment division.
A share industry and company's important information: (1) Reserve cotton rounds on May 22-27: The average unit price of reserve cotton round turnover is about 15,356 yuan/ton, an increase of 222 yuan/ton from the previous week, discounting 3128 price of 16,551 yuan. Yuan/ton, up 292 yuan/ton. (2) Chenguang Stationery: Chenguang Corp, a subsidiary of the company, acquired 100% equity of Odie Office Network Technology Co., Ltd. (3) Aokang International: The duration of the company's employee stock ownership plan will expire on December 8, 2017. (4) Pathfinder: The company plans to hire Qiang Wei as the new president of the group. (5) Jiumu Wang: The IPO application of Caitong Securities, a wholly-owned subsidiary company, was approved. (6) Saturday: The company plans to jointly invest in the establishment of the Hangzhou Jiashi Fanshen Investment Partnership with Yushi Shiyu and Fengfeng Xun. The initial scale will be RMB 30,030,300 and the company will subscribe for RMB 25 million; the company plans to set up a wholly-owned subsidiary Beijing Ori Vanstar Information Technology Co., Ltd. promotes the construction of a stylish IP incubator operating platform. (7) More love: As some of the shares pledged by the controlling shareholder touched the warning line, the company's shares were suspended from June 2nd. (8) This week, the investment and financing status of consumer companies: 1 The fine-breed brand panda brewing was awarded a round of investment of RMB 119 million. 2 Ginger Tea brand Sonnet received 12 million yuan Pre-A round investment. 3 Self-help fitness store shake it get millions of dollars angel round investment. 4 Tourism platform enough to get 30 million yuan Pre-A round of investment.
This week proposes a combination of sectors: Seven Worms, Goluth, Vosges shares and Cross-Border Link. Last week's portfolio performance: 2% for Vosges, 0% for Youngor, -1% for cross-border, -2% for seven wolves and -4% for Golus.
Investment advice and investment targets
Risk Warning: Slower-than-expected recovery of domestic retail terminals, uncertainties in individual stocks and M&A investment, etc. 
Textile and Apparel Industry Weekly High-end consumption continued to improve in the second quarter
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