Lates News

CITIC Securities pointed out that the attention to "small and beautiful" companies in the textile and garment sector will continue to rise in 2024. On the one hand, these companies have long lacked market attention and their valuation is at a low level due to previous operating pressures. On the other hand, these companies actively seek changes at the bottom of their operations through business transformation, channel reform, cost reduction, and efficiency improvement, showing positive operating changes and driving the overall revaluation of the company. It is recommended to pay close attention to the "small and beautiful" brands in the textile and garment sector.