纺织服装与轻工行业数据周报

Investment Rating - The investment rating for the textile and apparel industry is "Buy" [2]. Core Insights - The textile manufacturing sector is expected to maintain rapid revenue growth in Q2 2024, although many companies may face profit growth disturbances due to high exchange gains in the same period last year. The performance of the apparel and home textile sector is expected to be moderate, similar to Q1 [2][3]. - Companies recommended for attention in the textile manufacturing sector include Weixing Co., Kairun Co., Lutai A, and others that are expected to accelerate their performance. In the downstream apparel and home textile sector, leading companies that align with the trend of consumer polarization are suggested, such as Hailan Home and Anta Sports [2][3]. - The light industry manufacturing sector shows a stable export market and growth potential, with significant improvements in paper prices due to overseas supply and demand conditions [2][3]. Summary by Sections Textile and Apparel Industry Market Review - The Shanghai Composite Index decreased by 1.14%, and the ChiNext Index fell by 1.76% during the period from June 17 to June 23, with the textile and apparel sector declining by 3.72%, ranking 24th among 31 primary industries [13]. Textile and Apparel Industry Data Tracking - Retail sales of clothing, shoes, and hats increased by 9.0% year-on-year from January to May 2024, with a 4.4% increase in May alone. The total import and export value of woolen raw materials and products from January to April 2024 was $4.28 billion, down 4.1% year-on-year [2][3]. Light Industry Manufacturing Market Review - The light industry manufacturing sector is experiencing a stable export market, with significant growth potential in essential consumer goods. The paper industry is seeing improved profit margins due to rising prices [2][3]. Light Industry Manufacturing Data Tracking - The housing market in 30 major cities saw a year-on-year decrease of 32.7% in transaction area during the period from June 10 to June 16 [2][3].