The Reason For The Rise Is Lack Of &Nbsp; The Textile Industry Wants To Be Weak.

　　 plate Summary of the trend: since September 09, textile industry exports have bottomed out and domestic sales have been growing steadily and rapidly. Industry boom Continuing to pick up, the trend of textile and clothing index began to be stronger than the Shanghai and Shenzhen 300 index. This week, the textile and garment industry rose by 2.11%, and the Shanghai and Shenzhen 300 weeks rose by 1.7%. The textile and clothing performance is still stronger than the Shanghai and Shenzhen 300. Industry highlights:

1) the textile and garment industry will speed up the elimination of backward production capacity.

2) the textile industry is hard to meet for ten years, and the contradiction between supply and demand of cotton highlights again.

3) the international textile industry park is pushing the "one industry very strong".

4) textile industry From a large and strong production base to dominate the country.

Investment strategy: the official PMI of China's logistics and purchasing Federation released in August was 51.7%, an increase of 0.5 percentage points compared to July. Although the rebound of PMI has some seasonal factors, the steady and slightly rising basic trend still indicates that the domestic economy will not have a deep callback. Against this background, the textile and garment industry is expected to achieve steady development. Since the beginning of July, the textile and garment industry has seen a trend of bottoming out. At present, it has accumulated a large increase and is approaching the high point. The key to whether the industry boom can continue is the situation of exports and domestic sales. We believe that the export growth will slow down in the second half of the year. The strong trend of the textile industry will continue to depend on the expansion of domestic demand. But at present, how much domestic demand can offset the impact of export slowdown is still questionable. The short term trend of the industry will be dominated by sideways arrangement. It is suggested that investors should reduce the stocks that have risen too early, and pay close attention to the stocks and benefits from the concept of regional revitalization.

Risk warning: investors are concerned about the following risks: 1) raw material prices and labor costs continue to rise; 2) fundamental changes in the supply and demand relationship of textile market; 3) downside risks.