纺织服装行业周报：政策预期有望进一步活跃可选消费板块

Investment Rating - The report maintains a "Positive" investment rating for the textile and apparel industry in China [2]. Core Insights - The textile and apparel industry index (CITIC) rose by 5.91%, performing between the Shanghai Composite Index (up 5.5%) and the ChiNext Index (up 9.32%) [5][8]. - Key stocks such as Shanghai Jahwa, Li Ning, and Hailan Home achieved significant returns [5]. - The report highlights a recovery in consumer spending, driven by policy expectations aimed at boosting domestic demand [14]. Summary by Sections Market Review - The textile and apparel industry index saw a 5.91% increase, with the textile manufacturing sector up 5.29% and the branded apparel sector up 6.46% [5][8]. - The report notes that small-cap stocks are performing actively while awaiting improvements in the domestic demand sector [4]. Important Company Information - Huahan Co. repurchased 1.9608 million shares, accounting for 2.41% of its total share capital [10]. - Biyinlefen purchased a financial product from CITIC Securities for RMB 150 million, with an expected annual return of 1.75% to 2.10% [11]. Investment Recommendations - Recommended stocks include Weixing Co. (buy), Proya (buy), Shenzhou International (buy), and Bosideng (buy) [12][14]. - The report emphasizes the potential for recovery in the consumer sector, particularly for brands with resilient fundamentals and attractive valuations [14].