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Haitong Securities: Continuous destocking of polyester filament factories, expecting improvement in end demand.
As the inventory of rayon continues to decrease, Haitong Securities expects downstream demand to further improve with the approach of the traditional peak season in September and October.
What Reach New Holdings Limited's (HKG:8471) 62% Share Price Gain Is Not Telling You
Reach New Hldgs (08471) announced its interim performance, with a shareholder's share of a loss of 6.485 million yuan, a year-on-year expansion of 419.2%.
Reach New Hldgs (08471) announced its performance for the six months ended June 30, 2024, with earnings of 39.709 million...
Express News | Reach New Holdings H1 Gross Profit RMB 10.7 Million
REACH NEW HLDGS: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
China Textile Import and Export Chamber of Commerce: China's textile industry foreign trade is expected to continue the steady recovery trend in the second half of the year.
From January to June, the trade volume of textile and outfits reached 153.57 billion US dollars, a year-on-year increase of 1.7%, of which the export amount was 143.24 billion US dollars, an increase of 1.6%, and the import amount was 10.33 billion US dollars, an increase of 3.8%. The cumulative trade surplus was 132.91 billion US dollars, an increase of 1.4%.
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