Market review: this week, the Shanghai and Shenzhen 300 index first suppressed and then raised, the whole week closed at 3272 points, down 0.66% compared with last week, and the undervalued steel and banking sectors continued to lead two cities.

The textile and garment industry fell 2.28% throughout the week, weaker than the Shanghai and Shenzhen 300 index.

Industry information: (1) 1-2 months in 2011, textile enterprises above Designated Size realized

(2) research reports from the US Cotton Corp showed that in 2010, the United States imported 600 million jeans, while other garments and cotton clothing imports reached a new high.

(3) apparel retailer Inditex2010 net profit of $780 million in the fourth quarter.

Company dynamics: (1) Rebecca (600439) released the 2010 annual report. In 2010, the company achieved operating income of 2 billion 5 million yuan, an increase of 24.79% over the same period last year. The net profit attributable to shareholders of listed companies was 178 million yuan, an increase of 46.89% over the same period last year.

The company's earnings per share were 0.24 yuan in 2010.

(2) the annual report for 2010 was released on Saturday. In 2010, the company achieved operating income of 1 billion 143 million yuan, an increase of 29.91% over the same period last year.

Net profit attributable to parent company owners was 100 million yuan, down 11.87% from the same period last year.

In 2010, the company's earnings per share were 0.36 yuan.

(3) Lu Tai A released its annual report in 2010. In 2010, the company achieved operating income of 5 billion 26 million yuan, an increase of 24.51% over the same period last year, with a net profit of 739 million yuan, up 29.62% over the same period last year.

The company's earnings per share in 2010 were 0.74 yuan.

The company's allocation plan is 2.5 yuan for every 10 shares.

(4) the net profit attributable to shareholders of Listed Companies in the 1 quarter of 2011 was increased by 50%-70% over the same period last year.

Brand fashion: (1)

Investment point of view: from the end or ongoing mainstream clothing companies' autumn and winter orders, we expect that the year-on-year growth rate is expected to be better than the unanimous market expectations. This further confirms that the trend towards good domestic sales has not changed, and on the other hand, it will also become a catalyst for the short-term start of the sector.

In addition, Fuan's first quarter pre hi and previously held the autumn and winter ordering of the dream home textile orders year-on-year growth of 45% indicates that the home textile leading enterprises are still very good fundamentals.

We expect three home textile companies to grow more than 40% year-on-year in 2011, while the corresponding dynamic valuation in 2011 is only 25 - 27 times, and the investment value is very obvious.

At the present stage, we will first introduce seven wolves (buy), American bond (buy), wedding bird (overweight), Luo Lai home textile (buy), Weixing share (buy) and fuanna (increase Holdings).