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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.
Exploring Undervalued Stocks on SEHK: A Closer Look at Best Pacific International Holdings and Two Others
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.
Hong Kong Stocks End Flat; China International Development's Shares Surge 33%
Hong Kong stocks erased gains made yesterday, ending Wednesday's session largely flat as investor sentiment dampened amid the possibility of tariffs by Canada, while Hong Kong's imports and exports sa
Best Pacific International to Nearly Double Profit in H1
Best Pacific International Holdings (HKG:2111) expects an attributable profit of at least HK$260 million for the six months ending June 30, up from HK$138.6 million in the year-ago period, a Tuesday f
Best Pacific announced good news and it is expected that the net income attributable to shareholders in the medium-term will be no less than HKD260 million.
Best Pacific (02111) announced that the group expects to achieve a net income attributable to owners of the company of no less than HKD 260 million for the six months ended on June 30, 2024 (the "first half of 2024"), while the net income attributable to owners of the company for the six months ended on June 30, 2023 (the "first half of 2023") was approximately HKD 138.6 million.
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