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China National Textile and Apparel Council: Textile and apparel exports increased by 12.9% year-on-year in March, recovering growth year-on-year in the first quarter.
In the first quarter, the cumulative export of textiles and Outfits was 66.28 billion USD, a year-on-year increase of 1%, turning from negative to positive.
Guosen: Maintain "outperform the market" rating for the textile Outfits Industry. Focus on new highlights of brands and opportunities for undervalued Hong Kong stocks.
Guosen recommends focusing on companies that have the ability to increase their market share and maintain strong medium to long-term growth.
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