YinMei Textilefifteen years of textile suppliers

Textile Clothing: domestic industry has been warmer concern related stocks layout O2O

Author：YinMei    Date：2015/8/31

    April outperform the textile and apparel industry: since April CSI 300 strong, and as of the end of April rose 15.18%; overall SWS textile and clothing sector rose 19.98 percent, outperforming the broader market. Including clothing textile rose 18.29 percent compared with the end of April, textile manufacturing rose 16.32 percent compared with the end of April. Textile and apparel industry continued to rise in April, where accessories, women's and home textiles sector rose significantly, were up 33.39%, 33.82% and 36.77%.

    Cotton prices continued to decline in April, the textile and garment industry, but exports remained sluggish domestic demand to pick up: As of May 13, 2015, the domestic cotton offer 13,381 yuan / ton, compared with early May fell 15 yuan / ton; monthly average price in April was 13,423.81 yuan / ton, down 5013.52 yuan / ton. In April 2015, total retail sales quota over textiles garments needle reached 96.1 billion yuan, an increase of 10.90 percent, the growth rate dropped 0.3 percentage points higher than a year earlier. 1, 2015 - more than the total quota April garments and textiles retail as 426.8 billion yuan, up 10.60 percent, the growth rate up 9.3 percentage points compared with 14 years in April total sales. April 2015, China's textile and apparel exports $ 19.9 billion, down 16.33 percent growth rate over the same period last year 22.94 percentage points lower; where textile exports $ 9.42 billion, down 10.76 percent growth rate over the same period last year low 20.14 percentage points; apparel exports $ 10.5 billion, down 20.78 percent, the growth rate lower than the same period last year 25.26 percent.

    China to strengthen cooperation with ASEAN countries, the textile and garment industry; Yunnan Luliang create silk industry center; Putian as "China Quality made" the first leg of the "Internet +" help development; Dalang wool textile industry to the development of machinery automation; Hangzhou Textile and Apparel Electronics business industry Association and earn treasure net reached a strategic cooperation; Youngor 3 billion yuan to build O2O marketing platform.

     May Investment Strategy: textile and garment export industry is still in the doldrums, but domestic demand has been warmer, especially the Internet electricity supplier has a great commercial space. There is no e-commerce in China is still about 95% of the market, O2O business model will be the future direction of the textile and garment industries. We are optimistic about the positive layout O2O business-related stocks, such as joeone, Semir clothing, Smith Barney and Younger. Risk factors: market demand is not up to expectations; labor costs continued to rise