Week main review and Outlook: 1) in 2016, a total of one hundred key retail enterprises retail sales fell by 0.2%, of which clothing retail sales rose by $5.8%, cosmetics retail sales fell by 1.9% year on year. 2) in October 2016, 50 key retail enterprises nationwide retail sales grew by 1.6%. Clothing retail sales rose 6.4%, cosmetics retail sales fell by 1.6%.Industry and company: 1, Pathfinder: the program will focus on second as sports industry, sports fitness and sports training. 2, HOSA fitness: fitness industry in the future will be more chain, branding and internet. 3, body fitness: fitness industry future sources of income will be diversified to improve flat effect. 4, sea orchid house: net shop is expected to exceed 600 this year, continue to launch designer cooperation section, inventory control has been effective. 5, Semir clothing: electricity supplier this year launched a new brand and red net cooperation under the line plan next year 50% quick spot products. 6, cross-border pass: the company to transfer 83 million 560 thousand yuan held by the extension of the technology of equity of 4.2%. The equity transfer premium is expected to increase the company consolidated statements in 2016 total profit of about 38 million 560 thousand yuan profit. 7, Septwolves: due to long lead investment in the short term can not be completed three new board listed and set by the program, the company decided to withdraw from the long lead investment, long investment return of capital led by 29 million 900 thousand yuan. 8, Qingdao Jin Wang: 1) the company set by the Commission received. 2) the controlling shareholder of the king of gold transport lifted pledge 19 million 490 thousand shares, and then pledged the stock of $19 million 490 thousand, for the provision of pledge loans to provide liquidity of the 220 million loans, the cumulative pledge of shares of 86 million 990 thousand. 9, Wentz shares: Deputy General Manager Zou Hong resigned from the company. 10, Lancy shares: the controlling shareholder of Shen Dongri pledged 6 million 200 thousand shares, the cumulative pledged 52 million 700 thousand shares. 11, MediaTek shares: the company to Jiangsu four industry provides mortgage loans 15 million yuan, the loan period of three years, the loan interest rate of 6%. 12, YOUNGOR: 1) the company will deposit as certificates of deposit has been due to continue to raise funds of 1.5 billion. 2) the company purchased 100 million yuan financial products. 13, AOKANG International: the controlling shareholder of AOKANG investment will be postponed for one year to repurchase its pledged maturity of 13 million 500 thousand shares, the cumulative pledge of the shares of 107 million. 14, kin Sheng group: the company plans to acquire assets due to major events, suspended from November 15, 2016. 15, blond Rabbi: due to individual financial needs, deputy general manager Sun Yu holdings of 40 thousand shares. 16, Hinur: due to transaction prices and other differences, the controlling shareholder of the groom Hinur terminate the transfer of its shares, the company will resume trading on November 17th. 17, Anna: the company 50 million yuan to buy financial products. 18, Lukang culture: 1) the total restricted shares adjusted to 9 million 40 thousand shares, the repurchase price of 5.9 yuan / share adjusted to 2.9 yuan / share; 2) restricted stock incentive plans to implement the first phase to unlock, unlock the proportion of 30%, a total of 2 million 460 thousand shares; 3) turnover for the object of incentive, the company intends to 2.9 yuan / share repurchase cancellation first granted incentive target has been granted but not yet unlocked 847 thousand shares of restricted stock, pay the repurchase price is 2 million 447 thousand yuan, the total number of shares of the company will be changed to 890 million shares. 19, Societe Generale science and technology: 1) the company received a government subsidy for innovation projects $1 million 200 thousand; 2) the controlling shareholder of the company will invest a year to postpone the repurchase of its pledged maturity of the shares of the year, the cumulative pledge of 40 million 270 thousand shares. 20, Baibao dragon company to 32.2 yuan / share, the north channel, Ruifeng Xinhua fund, Huatai PineBridge issued 30 million 700 thousand shares, raising 988 million yuan of funds, will be listed in November 21st. 21, rod Jie shares: the controlling shareholder of the company Tao Jianwei will hold its shares of the pledged repo, repurchase period of 1 years, a total of Pledged Shares of the stock of $99 million 20 thousand for the year to come to the end of the year for the year of 18 million 80 thousand years. 22, George: money Shaozhi shareholders pledge to lift the pledge of 6 million 800 thousand shares, 8 million 100 thousand shares pledged a total of 6 million 800 thousand shares. 23, red bean shares: the company holding sun Nanjing red bean home to Nanjing City, a state-owned construction land use rights competing for $460 million.Textile and apparel sector performance stronger than the market last week. Textile and apparel index rose 1.24% last week, the relative SWS A index rose by 1.10%. Among them, the textile manufacturing index rose 2.25%, relative to SWS A refers to up by 2.11%; apparel home textile index rose by more than the relative million refers to a rise of A.Our point of view: the end of the active attention to share price has a certain margin of safety, while lifting the ban and other demands, mergers and acquisitions or transfer to the expected company. Continue to recommend: 1) the traditional leader: the sea orchid house, Ellassay, Carolina life; 2) small cap varieties: Shandong Ruyi ambush, MediaTek shares; 3) the new mode of transformation: Pathfinder, Wentz shares, shares Lancy; 4) to determine the high growth of cross-border links.