Main points
Papermaking:
The paper sector showed an upward trend this week. In terms of cultural paper, with the advent of the school season, the market demand is likely to rise. After the year, the pulp price has become an upward trend, and many giant paper enterprises have raised the price one after another. In terms of waste paper system, the price of waste paper in China has been generally reduced recently, and the price of box board and corrugated paper has been stable.
In terms of household paper, the prices of wood pulp and bamboo pulp are stable without signs of fluctuation. Recommended: Shandong Sun Paper Co.Ltd(002078) , Shandong Chenming Paper Holdings Limited(000488) , Hangzhou Huawang New Material Technology Co.Ltd(605377) .
Home:
The furniture sector fell after rising this week. Recently, the local two sessions have been held one after another, emphasizing the principle of “housing without speculation”, vigorously developing affordable housing, etc., so as to promote the virtuous circle and healthy development of the real estate industry. The policy’s “attitude” towards real estate has eased, and the furniture sector is expected to see a marginal improvement in demand. Suofeiya Home Collection Co.Ltd(002572) the risk was released after the impairment was accrued, and Milana brand expanded steadily after its launch. At present, although the performance is under pressure in the short term, it is optimistic about the company’s profit recovery in the medium and long term. The performance of Goldenhome Living Co.Ltd(603180) in 2021 exceeded expectations, and the risk of bulk business was controlled. Recommended: Suofeiya Home Collection Co.Ltd(002572) , Oppein Home Group Inc(603833) , Goldenhome Living Co.Ltd(603180) .
Other light industry:
The e-cigarette concept index rebounded after rising this week. Under the upcoming implementation of the national standard of China’s e-cigarette and the FDA’s high standard audit of e-cigarette PMTA, e-cigarette brands and suppliers need to fully prove the harm reduction and safety of products to regulators and consumers. On February 7, Yueke relx successfully applied for the first clinical study on the safety of electronic cigarette in China. Earlier, SIMORE and Tongji University successfully applied for the National Natural Science Foundation project around the research on the harm reduction and safety of electronic smoke. As a OEM of Yueke, SIMORE has also become the first electronic atomization technology enterprise in China to obtain a national research project. Recommended: smore international.
Market performance this week:
This week, the CITIC light industry manufacturing industry index rose 1.33% compared with last week, and the CSI 300 rose 0.82%. The light industry manufacturing sector outperformed the CSI 300 index by 0.51 percentage points as a whole. Among the secondary industries of CITIC light industry manufacturing this week, papermaking rose 2.12%, packaging and printing rose 1.46%, household rose 0.85%, entertainment light industry rose 1.52% and other light industries fell 1.38%.
Investment advice
It is suggested to pay attention to Shandong Sun Paper Co.Ltd(002078) , Shandong Chenming Paper Holdings Limited(000488) , Hangzhou Huawang New Material Technology Co.Ltd(605377) in the paper sector, Suofeiya Home Collection Co.Ltd(002572) , Oppein Home Group Inc(603833) , Goldenhome Living Co.Ltd(603180) in the home sector, and SIMORE international in other sectors.
Risk tips
Policy risk, price fluctuation risk of raw materials and sluggish downstream demand
