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Changjiang Securities' Special Report on Textiles, Outfits, and Luxury Goods: Weak Demand in North America, and Elasticity of Replenishing Inventory Needs Observation.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
More Unpleasant Surprises Could Be In Store For Moody Technology Holdings Limited's (HKG:1400) Shares After Tumbling 38%
Unfortunately for some shareholders, the Moody Technology Holdings Limited (HKG:1400) share price has dived 38% in the last thirty days, prolonging recent pain. For any long-term shareholders,
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
Moody Tech Hldg (01400.HK) appointed Guo Xianwang as an independent non-executive director.
Moody Tech Hldg (01400.HK) announced on June 18th that Mr. Lin Yugang resigned as an independent non-executive director of the company because he hoped to devote more time to other personal affairs. The Board of Directors is pleased to announce that Mr. Guo Xianwang has been appointed as an independent non-executive director, a member of the audit committee and the remuneration committee, effective from June 18th, 2024.
Moody Tech Hldg (01400.HK) completed the issuance of 200 million shares, with a net fund-raising of HKD 19.5 million.
Moody Tech Holdings (01400.HK) announced that the prerequisite conditions stated in the placement agreement and supplemental agreement have been reached. The placement will be completed on June 5, 2024. The placement agent has successfully allocated a total of 200 million shares of placement shares to no less than six underwriters at a placement price of HKD 0.1 per share. The net proceeds from the placement are approximately HKD 19.5 million, intended to be used as the group's general operating capital.
CICC: Textile manufacturing forward-looking indicators continue to improve, industry “active inventory replenishment” opens
The 20233Q4/2024Q1 textile manufacturing outlook index continues to improve, the industry's “active inventory replenishment” starts, and demand continues to recover.
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