Hong Kong Shares Change | Textile Shares Rise Due To RCEP Signing

On November 16, textile stocks rose, Tianhong textile rose by more than 8% and intertai textile rose by more than 4%.

On November 15, the fourth regional comprehensive economic partnership (RCEP) leaders' meeting was held. Ten ASEAN countries, including China, Japan, South Korea, Australia and New Zealand, formally signed the regional comprehensive economic partnership agreement (RCEP), marking the formal conclusion of the global scale free trade agreement.

In view of the fact that China's textile and textile industry will continue to be exported to the upper and lower reaches of China's textile industry due to the latest trend of textile and textile industry in the upstream and downstream of China's textile industry, it is pointed out that China's textile and garment industry will continue to be affected by the latest export trend of China's textile and garment industry Under the catalysis of uncertainty, the high stability of China's supply chain will be increasingly valued by global brand customers.