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Nine Dragons Paper (02689.HK): Pulp strategy yields significant results, performance exceeds expectations again
The company announced its FY26H1 earnings forecast: For the first half of fiscal year 2026, the company expects to achieve a net profit of RMB 2.15-2.25 billion, representing a year-on-year increase of 216%-231%. After considering perpetual bonds, the attributable net profit for shareholders is expected to be RMB 1.95-2.05 billion.
UBS Sticks to Their Buy Rating for Nine Dragons Paper Holdings (NDGPF)
Hong Kong Stock Market Midday Review | Hang Seng Index fell 1.13% in the morning session; three newly listed stocks rose on their debut
Changfei Fiber Optic Cable (06869) surged over 10%, with institutions optimistic about fiber optic cable manufacturers benefiting from the price increase trend.
Stock Movement | Jiulong Paper (02689) Surges Over 4%: Significant Cost Advantages from Increased Self-Sufficiency in Wood Pulp to Fully Benefit from Industry Supply-Demand Improvements
Nine Dragons Paper (02689) surged over 4%. As of the time of writing, it had risen by 4.05%, trading at HKD 8.73, with a turnover of HKD 73.7666 million.
Basic Materials Roundup: Market Talk
Hong Kong Stock Ratings Summary: China Merchants Securities (Hong Kong) Maintains Buy Rating for Minth Group
Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.