Main points
Papermaking:
The paper sector showed an upward trend this week. Following the spring price increase offensive launched by many kinds of paper in February, a new round of intensive price increase has been launched for pulp paper since March 1. In terms of price increase range, cultural paper is mostly 300 / ton, white cardboard is 200 / ton, and special paper is basically 500 / ton. This round of price increase is not only driven by the continuous shortage of raw material supply, but also supported by the arrival of the small peak season of cultural paper demand. China’s waste paper industry has ushered in a wave of price reduction, the demand has weakened, and the pressure of waste paper supply and demand has gradually increased, resulting in a further reduction in the price of waste paper. After adjusting the supply pressure in the medium and long-term national waste market, the overall development trend is still optimistic. It is suggested to pay attention to: Shanying International Holdings Co.Ltd(600567) , Hangzhou Huawang New Material Technology Co.Ltd(605377) , Shandong Sun Paper Co.Ltd(002078) .
Home:
This week, the overall trend of the home sector decreased slightly. The fluctuation of the global environment will gradually increase the competition of home furnishing enterprises in the Chinese market, and the enterprise layout will have a deeper impact on the performance. The main focus of home furnishing is still software and customization. In order to meet the first industry promotion this year, a number of manufacturers have successively announced package plans, focusing on 10000 yuan whole house customization Oppein Home Group Inc(603833) , Suofeiya Home Collection Co.Ltd(002572) and Jason Furniture (Hangzhou) Co.Ltd(603816) launched 29800 yuan, 39800 yuan and 49800 yuan customized whole house packages respectively, and the price and content have been upgraded compared with last year. In the medium and long term, the advantages of leading enterprises in the industry runway have increased. It is suggested to pay attention to: Suofeiya Home Collection Co.Ltd(002572) , Oppein Home Group Inc(603833) , Jason Furniture (Hangzhou) Co.Ltd(603816) .
Other light industries:
Shenzhen Prince New Materials Co.Ltd(002735) this week, after a slight rise, the company continued to decline. The company successively acquired the shares of Dongguan qunzan, CLP Huarui and Ningbo Xinrong electric appliance, realizing the further extension of lithium battery new energy, military technology and consumer electronics. With the advent of 5g era in the future, the scale of domestic consumer battery industry will continue to increase, driving the further growth of relevant businesses of the company. Suggested attention: Shenzhen Prince New Materials Co.Ltd(002735) .
Textile and clothing:
The overall performance of the sector is good this week. Looking forward to the whole year of 2022, we believe that the continuation of the national trend will bring continuous empowerment to brand clothing companies, superimpose brand culture construction and strengthen brand image. Domestic brands still have great development space; In the post epidemic era, under the background of the new normal of global manufacturing division of labor, the large-scale layout and supply chain advantages of textile manufacturing industry are expected to reappear, and the performance of some global OEM leaders can grow steadily. It is suggested to pay attention to Zhejiang Semir Garment Co.Ltd(002563) , Ningbo Peacebird Fashion Co.Ltd(603877) , Biem.L.Fdlkk Garment Co.Ltd(002832) , Hla Group Corp.Ltd(600398) , Dazzle Fashion Co.Ltd(603587) , Luolai Lifestyle Technology Co.Ltd(002293) , Huali Industrial Group Company Limited(300979) .
Market performance this week:
This week, CITIC light industry manufacturing industry index fell 0.31% compared with last week, and the overall sector outperformed the Shanghai and Shenzhen 300 index by 1.37 percentage points; This week, CITIC textile and garment industry index rose 0.92% compared with last week, and the overall sector outperformed the Shanghai and Shenzhen 300 index by 2.61 percentage points. The CSI 300 fell 1.68%, the Shanghai Composite Index fell 0.11%, the Shenzhen Component Index fell 2.93%, and the gem index rose 3.75%.
Among the 30 CITIC first-class industries, light industry manufacturing ranked 14th and textile and garment ranked 6th.
Among the secondary industries of CITIC light industry manufacturing this week, papermaking rose by 3.04%, packaging and printing fell by 2.08%, household fell by 0.92%, entertainment light industry fell by 1.96%, and other light industries rose by 0.78%; Among the secondary industries of textile and clothing this week, textile manufacturing rose by 1.28% and brand clothing rose by 0.61%.
Investment advice
For the paper sector, it’s suggested to focus on Shanying International Holdings Co.Ltd(600567) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\, Biem.L.Fdlkk Garment Co.Ltd(002832) , Hla Group Corp.Ltd(600398) , Dazzle Fashion Co.Ltd(603587) , Luolai Lifestyle Technology Co.Ltd(002293) , Huali Industrial Group Company Limited(300979) .
Risk tips
Policy risk
