< p > from last week's sentiment: Shen Wan < a target= "_blank" href= "//m.pmae.cn/" > textile < /a > a target= "_blank" href= "_blank" > clothing < < plate > decline is not less than "4.9%".

In terms of stocks, the top ranked ones are those who sell shell or other subject stocks, and the top ones are those whose performance is much lower than expected.

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< p > industry concern: H&M wants to enter the sports brand market to apply for the new LOGO "S" (2013-11-03); the textile and apparel industry has 14 warehouse enterprises with a stock of over 1 billion (2013-11-02); when the textile industry shuffle, the listed textile enterprises are selling "shell tide" (2013-11-01).

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Accounted for 44.5% of the company's share capital; the shares issued before the initial public offering were listed and circulated; Semir < a target= "_blank" href= "//m.pmae.cn/" > dress > /a > Q3: operating income increased by 4.86% yuan; net profit increased by 18.76% yuan; net income increased by 469 million yuan to 4.85%; net profit of 74 million 680 thousand yuan decreased by 6.51%; and the economic profits of 1 billion 95 million yuan increased by 1 billion 95 million yuan; net profit increased by 6.51% yuan; AOKANG International: the operating income of yuan was reduced by 189 million yuan; net profit was reduced by RMB; the INTERCHINA group: the operating income of yuan was reduced; the net profit was reduced; the net income was reduced by RMB; net profit was reduced by RMB. < p > Company announcement: Pathfinder: 189 million shares.

< p > HK shares: Si Jie Global: 13 / 14, the first quarter of fiscal year, turnover decreased by 5.2%; deyongjia group: positive earnings forecast; Giordano International: as of September 30, 2013 quarter, net sales increased by 5% to HK $1 billion 333 million; Rong Hui International: executive director resigned as chief financial officer, authorized representative and nomination committee members.

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< p > Investment Strategy: Shen Wan textile and apparel industry index fell 3.55% last week, significantly lost the market, of which brand clothing sub sector fell 4.94%.

The major pullback of the brand clothing sector this week is mainly due to the fact that the three quarterly reports of special varieties such as the search birds and the birds of welcome birds are much lower than expected.

We insist on the previous view that the momentum of the whole plate is still insufficient. < /p >

< p > at present, there is no reason for strong recommendation. Only the plate, especially the brand clothing sector, has been relatively quiet after 1 years of silence, and the risk is relatively full. Before the Third Plenary Session of the third plenary session is set, the market still waits for the macro policy environment, and the gem is highly valued. When the risk is at stake, the market is concerned about returning to the brand clothing. However, because some varieties are lower than expected, and the same risk release of liquor, commerce and so on, the attention of the consumer sector is diverted. The brand clothing is generally less than a href= "//m.pmae.cn/news/index_s.asp" > market < /a >.

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< p > three the quarterly report has been released, and will be in a relatively blank period in the future. It will maintain the "neutral" rating of the plate. The strategy is still focused on specific varieties, focusing on the three quarterly results exceeding expected or stable varieties, such as YOUNGOR, bimbo dress and home Textile Leader fuanna and Luo Lai, manufacturing concern about Lu Tai A.

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