Increase In Demand: Strong Domestic And Export Market

Although the recent A-share market into shock consolidation stage, but the textile and clothing sector continued to rise, heat.

According to the statistics of choice data, the reporter of Securities Daily found that since October, up to the closing of October 19, the industry index of textile and garment industry has increased by 11.23%, ranking first in the growth rate of Shenyi class industry index, which is far higher than that of electrical equipment industry index, which ranks second.

Specifically, since October, up to the closing of October 19, all stocks in the plate have risen, of which Jujie micro fiber has increased by 90.69%, ranking the first. The main net inflow of capital during the month reached 73.9672 million yuan, followed by wanlima period with a cumulative increase of 54.26%. In addition, the cumulative increase of bLung Oriental during the period was 45.58%, and that of cool smart was 42.28%.

For the rise of the textile and clothing sector, Yang Delong, chief economist of Qianhai open source fund interviewed by Securities Daily, said that there are two reasons for the recent strength of the textile and clothing sector. On the one hand, China's export trade has improved to a certain extent, which is beneficial to the textile and clothing sector; on the other hand, since this year, the textile and clothing sector is also a part of the The rise is relatively small, the recent rise has made up for the component, in view of the plate competitiveness is not very strong, the rise will not be too long.

Hu Po, the fund manager of the future star fund of private placement platoon network, also told the reporter of Securities Daily that, firstly, the domestic epidemic situation was well controlled, the consumption policy was stimulated by the superposition of long holidays in October, and under the background of cold winter, the demand for changing seasons of clothing was released, which led to a significant improvement in the sales volume of textile and clothing industry; secondly, under the situation of the spread of overseas epidemic, a large number of overseas orders were transferred from India to China Inside. The two factors jointly promote the prosperity of the textile and clothing industry. Combined with the overall valuation of the current textile and clothing industry, the industry is likely to go out of Davis double-click market.

As a matter of fact, the cold season in winter and the arrival of overseas sales agencies are also optimistic about the performance of the textile industry In the research report, Wanlian Securities said that in terms of export sales, foreign epidemic situation seriously affected the supply of goods. Recently, textile orders from India and other countries have been transferred to China. Meanwhile, China's textile exports have increased continuously in recent months, and the hot phenomenon of export sales in the coming months is expected to continue. In terms of domestic sales, the domestic epidemic situation is properly controlled, and the textile and clothing sales ushered in the sales peak season of gold, silver and ten, The arrival of cold winter with La Nina phenomenon stimulates the demand for textile and clothing products such as cotton and linen, down jacket, quilt core and pillow core. We believe that the textile and clothing industry is expected to usher in rapid growth in the fourth quarter, so it is proposed to upgrade the industry rating to "stronger than the market". At the same time, it is suggested to actively pay attention to high-quality standards such as textiles, down garments and home textiles.

In addition, Tianfeng Securities believes that the textile and clothing industry downstream terminal continued to recover, upstream textile enterprises orders return, the fourth quarter plate is expected to recover strongly. In the view of Tianfeng securities, due to the influence of warm winter, the base number is low in the fourth quarter of 2019; the cold winter catalyzes in the fourth quarter of 2020, and the sales of winter clothes start ahead of time in some regions; at the same time, the Spring Festival from 2020 to 2021 is in the middle of February, which is later than the Spring Festival in 2019-2020, and the winter clothing sales season is lengthened. The superposition of multiple factors is good for the winter sales of brands, and the brands are expected to continue to recover in the fourth quarter.

In terms of plate layout, Tianfeng securities gives suggestions from two aspects: first, in terms of upstream textile manufacturing, it pays attention to Shenzhou International, Jiansheng group and Kute intelligent; secondly, in terms of downstream brands, it pays attention to bosden, Li Ning, Anta sports, Antarctic e-commerce, kairun shares, Taiping bird and robust medical.