This week’s special topic: the rise of women’s sports and the broad prospects of women’s sports shoes and clothing: (1) the women’s sports market is booming under the national fitness boom. Benefiting from policy support and the upsurge of mass sports fitness, China’s sports shoes and clothing market is booming. Among them, due to the strengthening of self-awareness and health awareness, women’s sports participation rate has increased significantly, becoming an important consumer force in the sports market. (2) domestic brands have accelerated the layout of the women’s sports market in an all-round way. International sports brands set up categories related to women’s sports earlier, and have certain advantages in brand accumulation and core technology. Domestic sports leaders have gradually paid more attention to the women’s sports market in recent years, and accelerated the market layout from the aspects of products, brands, channels and marketing. The penetration rate in China’s women’s sports market is expected to continue to increase.
Investment strategy in 2022: seek “progress” in “change” and take the lead in subdividing leaders. Furniture: focus on domestic market channel reform opportunities. Among them, it is recommended to pay attention to Oppein Home Group Inc(603833) , Suofeiya Home Collection Co.Ltd(002572) , Zbom Home Collection Co.Ltd(603801) , Goldenhome Living Co.Ltd(603180) for customized furniture; For finished furniture, it is suggested to pay attention to Jason Furniture (Hangzhou) Co.Ltd(603816) , Qumei Home Furnishings Group Co.Ltd(603818) , etc. Papermaking, packaging and printing: subdivide the track pattern and optimize the strong. It is recommended to pay attention to Shandong Sun Paper Co.Ltd(002078) , Shanying International Holdings Co.Ltd(600567) , Xianhe Co.Ltd(603733) , Quzhou Wuzhou Special Paper Co.Ltd(605007) , Chongqing Baiya Sanitary Products Co.Ltd(003006) , Hangzhou Haoyue Personal Care Co.Ltd(605009) , etc. Entertainment and jewelry sector: the consumption upgrading continues and the prosperity rises. It is recommended to pay attention to Shanghai M&G Stationery Inc(603899) and Chow Tai Seng Jewellery Company Limited(002867) . Retail of home building materials: professional home building materials stores are still dominant, and digital and high-frequency consumption empowerment have become the mainstream. It is suggested to pay attention to Easyhome New Retail Group Corporation Limited(000785) , Red Star Macalline Group Corporation Ltd(601828) leading in digital transformation. Textile and clothing: the trend of national fashion continues, and there are good opportunities for sports shoes and children’s wear. It is suggested to pay attention to Anta sports, Huali Industrial Group Company Limited(300979) , Zhejiang Semir Garment Co.Ltd(002563) , Winner Medical Co.Ltd(300888) , Bosideng, etc.
Market review this week: this week, the Shanghai Composite Index fell 4.57%, and the light industry manufacturing industry fell 5.71%, slightly underperforming the market. The textile and garment industry fell 4.46%, slightly outperforming the market. Among them, the paper sector fell 6.67%, the packaging and printing sector fell 6.58%, the home sector fell 5.12%, the entertainment light industry sector fell 6.32%, and other light industry sectors fell 6.27%; The textile manufacturing sector fell 3.98%, and the clothing and home textile sector fell 4.92%. The top three gainers of light industry manufacturing industry this week were Guangdong Ganhua (6.09%), Qunxing toys (4.74%) and Goldlok Holdings(Guangdong) Co.Ltd(002348) (3.46%); The top three declines were Yaoji Poker (- 17.39%), Hailun Piano Co.Ltd(300329) (- 15.24%), Shaanxi Jinye Science Technology And Education Group Co.Ltd(000812) (- 14.29%). The top three increases in the textile and garment industry this week were st day first (14.24%), Huasi Holding Company Limited(002494) (8.39%), Huali Industrial Group Company Limited(300979) (6.37%); The top three declines were Harson Trading (China) Co.Ltd(603958) (- 30.57%), Shangying Global Co.Ltd(600146) (- 22.78%) and Xinjiang La Chapelle Fashion Co.Ltd(603157) (- 20.9%).
One week key data tracking: the price of dissolved pulp inner sector this week was 6750 yuan / ton, unchanged from last week. The quotation of all pulp seeds was flat compared with that of last week. White card paper increased by 20 yuan / ton to 6070 yuan / ton compared with last week, and the prices of other kinds of paper were stable. The number of commercial housing transactions in 30 large and medium-sized cities this week was 24345, down 9% from last week; This week, the transaction area of commercial housing in 30 large and medium-sized cities was 2.92 million square meters, down 3% from last week. Spot cotton: this week, China’s cotton price index: 328 was 22727 yuan / ton, up 82 yuan / ton from last week; Cotlook: a index: 1% tariff was 21208 yuan / ton, down 131 yuan / ton from last week; Cotton futures: the closing price of cotton futures on the Zheng stock exchange this week was 21990 yuan / ton, down 155 yuan / ton from last week.
Risk warning: the price of raw materials fluctuates sharply; Risk of sluggish terminal demand; Exchange rate fluctuation risk.
