纺织服装行业周报：板块短期调整，静待内需基本面的明朗

Investment Rating - The report maintains a "Positive" outlook for the textile and apparel industry [20] Core Viewpoints - The textile and apparel industry is currently experiencing a short-term adjustment, awaiting clarity on domestic demand fundamentals [15][29] - The Shanghai Composite Index rose by 1.36% last week, while the textile and apparel industry index fell by 4.01%, underperforming both the Shanghai Composite and the ChiNext indices [23][22] - The report highlights that the current market activity in the consumer sector is primarily driven by policy expectations, with a potential recovery in the fundamentals of leading consumer stocks as domestic policies continue to focus on boosting domestic demand [22][26] Summary by Sections Market Review - Last week, the Shanghai Composite Index increased by 1.36%, while the ChiNext Index decreased by 0.22%. The textile and apparel industry index (CITIC) fell by 4.01%, with the textile manufacturing sector down by 4.3% and the branded apparel sector down by 3.75% [15][23] - Among the covered stocks, Shenzhou International, Lao Feng Xiang, and Huali Group achieved positive returns [15][23] Industry and Company Updates - Major updates include: - Zhou Dazheng plans to open a counter in Chongqing and a specialty store in Wuhan [24] - Xtep International announced a leasing framework agreement for 2024 with Tiger Century [15] - Huali Group is changing the implementation method of part of its fundraising projects without altering the total amount of raised funds [15][36] Recommended Stock Portfolio - The report suggests a stock portfolio including: - Weixing Co., Ltd. (002003, Buy) - Proya Cosmetics (603605, Buy) - Shenzhou International (02313, Buy) - Baoxini (002154, Buy) - Bosideng (03998, Buy) - The performance of the recommended stocks last week varied, with Shenzhou International gaining 3% while others like Baoxini and Proya Cosmetics saw declines [15][40]