Hong Kong Stocks Are Best In 5 Years. Lining'S Share Price Has Doubled. Anta Has Risen More Than 87%.

With the drop hammer of the last trading day in 2019, the Hong Kong stock textile and apparel sector handed over the best answer in nearly 5 years, rising 34.31% over the whole year and winning 9.07% of the Hang Seng Index.

In mid 2019, short selling agencies were eyeing the leading stock of Hong Kong stock. Bonitas and muddy water continued to point at Bosideng and Anta. However, throughout its market performance in 2019, Bosideng and Anta share prices were not only affected but also steadily rising.

Among them, Bosideng and Anta achieved an annual increase of 95.97% and 87.69% respectively, while Lining rose 179.64% from the same period last year. From the opening price of the first trading day of 2019 to 8.35 Hong Kong dollars / share, it rose to the last trading day to close at HK $23.35 / share.

As of December 31, 2019, Hong Kong stocks ended up with Anta sports and Shenzhou international market value exceeding HK $100 billion, and Anta sports ranked first in the industry with HK $188 billion 457 million. In addition, XTEP international, Bosideng, Lining and other market capitalization has exceeded HK $10 billion.

Up to now, there are 17 Hong Kong stocks in the textile and clothing sector. In 2019, the shareholding ratio of China Hong Kong through the plate index increased by 1.45 percentage points on average. As of December 31, 2019, the average shareholding ratio was 3.67%. Among them, La Natsu Bell shares the largest proportion of Hong Kong stock holdings, and is also the largest shareholding company in Hong Kong stock market. However, the company's annual share price fell by 78.65%.

In fact, La Natsu Bell's share price began to decline in 2017, and Xing Xing Xing, the controlling shareholder of the company, has 6 times Pledged Shares of the company, and the total pledged shares account for 99.81% of its direct holdings. Since its worst performance announcement in July of this year, the stock price has fallen further and has fallen below 5 yuan, and finally to shareholders and real controller Xing Xing Xing. Now La Natsu Bell's market capitalization is less than 1 billion yuan. In addition, Lining and Anta are the largest companies with the largest shareholding ratio except La Natsu Bell. Among them, the share price respectively increased by 179.92% and 87.69% respectively.

From the operational data, the inventory turnover rate of textile and garment enterprises reached 1.73 in the middle of 2019, a slight increase compared with the same period last year. Among them, Lining in recent years, inventory management capabilities increased rapidly. Anta sports, 31st degree, and Jiangnan cloth clothing inventory turnover rate fell faster.

Judging from the performance, in the past 5 years, Anta sports revenue performance is better than the average level. Among them, Anta's revenue grew rapidly in the middle of 2017. In addition, Lining and Bosideng both maintained a steady upward linear growth. In terms of profit performance, Anta's sports profit level has remained above average for nearly five years. Lining has seen a faster profit growth in the past 5 years, and higher than the industry average in the mid 2019.

On the whole, the market of spinning and weaving board in 2019 and the companies with better performance were concentrated in sports and down clothing field. Fangfang textile also mentioned in its research report that due to the limited barriers and the high-end market competition vacancies created sportswear and feather clothing leading performance, it is expected that the overall recovery time of the garment industry is expected to occur in the late 2020 and the degree of recovery is relatively weak, of which the preferred trend of sportswear, children's clothing and high-end manufacturing.