This week's bullish stocks in Hong Kong | High-dividend stocks are sought after! China's foreign transport week rose by more than 23%, and China's building materials rose by more than 17%
In terms of individual stocks, net revenue from Q1 products increased by nearly 40% year on year, and Zaiding Pharmaceutical soared more than 26% this week; pre-sale of new iPad products began! The Apple concept stock, BYD shares surged nearly 20% this week.
Hong Kong paper stocks continued to rise. Nine Dragons Paper rose more than 7%, Chenming Paper rose more than 3.5%, Lee & Man Paper rose more than 2%, and Sunshine Paper followed suit.
Hong Kong paper stocks continued to rise. Nine Dragons Paper rose more than 7%, Chenming Paper rose more than 3.5%, Lee & Man Paper rose more than 2%, and Sunshine Paper followed suit.
Hong Kong Stock Concept Tracking | The subject of price increases welcomes the “money-making effect”, and pulp prices continue to rise, institutions believe Q2 is expected to continue to strengthen (with concept stocks)
Global pulp supply has been disrupted frequently since March. The mismatch between global pulp supply and demand is expected to be prominent in the second quarter. Combined, pulp inventories in the entire industry chain are at medium to low levels, and pulp prices are expected to maintain a strong trend in the second quarter.
Changes in Hong Kong stocks | Nine Dragons Paper (02689) rose more than 10%, leading the price of paper stock cultural paper, which is expected to continue to rise, pay attention to the pace of implementation of segmented paper price increases
Paper stocks generally rose today. As of press release, Nine Dragons Paper (02689) rose 9.4% to HK$3.84; Lee & Man Paper (02314) rose 4.58% to HK$2.51; and Chenming Paper (01812) rose 1.64% to HK$1.86.
After four months of continuous growth, the paper sector has received “cyclical” new capital?
Is it the paper sector's turn to “wealth” brought about by the rotation of this industry?
Changes in Hong Kong stocks | Nine Dragons Paper (02689) rose more than 6%, leading the paper stock, pulp, which is expected to continue to strengthen in the second quarter, and the rise in cultural paper prices came to fruition smoothly
Paper stocks had the highest gains. As of press release, Nine Dragons Paper (02689) rose 6.1% to HK$3.48; Lee & Man Paper (02314) rose 5.58% to HK$2.46; and Chenming Paper (01812) rose 2.21% to HK$1.85.
Changes in Hong Kong stocks | Sunshine Paper (02002) is now rising more than 7%, leading paper stocks, and many paper companies have issued shutdown letters, agencies say the price of cultural paper is expected to achieve cost transmission
Paper stocks picked up in early trading. As of press release, Sunshine Paper (02002) rose 7.06% to HK$1.82; Chenming Paper (01812) rose 3.43% to HK$1.81; Nine Dragons Paper (02689) rose 1.61% to HK$3.15; and Liwen Paper (02314) rose 1.3% to HK$2.34.
Frequent news of production cuts and shutdowns has surged costs, and the outlook for paper companies in Q2 is bleak
“Due to the sharp rise in pulp board prices, our costs have increased dramatically. At the same time, it was difficult to raise prices in the finished product market, and the company suffered unprecedented losses and decided to stop production and maintenance of the No. 1 and No. 2 paper machines.” Recently, several household paper companies in Hebei issued shutdown notices.
Hong Kong Stock Concept Tracking | Wood pulp prices continue to rise, and the paper industry ushered in a new wave of price increases (with concept stocks)
Agencies expect the mismatch between global pulp supply and demand to be prominent in the second quarter
Zhongtai Securities: Pulp price inflection point at the end of Q2 or paper companies currently focusing on good price and cost control capabilities
According to a research report released by Zhongtai Securities, the core driver of this round of pulp growth is European demand restoration+low inventories+capacity maintenance.
Hong Kong paper stocks fell again in the afternoon. Nine Dragons Paper fell nearly 4%, Chenming Paper fell more than 3.5%, Liwen Paper fell more than 2%, and Sunshine Paper followed suit.
Hong Kong paper stocks fell again in the afternoon. Nine Dragons Paper fell nearly 4%, Chenming Paper fell more than 3.5%, Liwen Paper fell more than 2%, and Sunshine Paper followed suit.
Changes in Hong Kong stocks | Paper stocks rose the most, Chenming Paper (01812.HK) announced that in the first quarter, Yingxi Institution says supply and demand in the industry will gradually reach an inflection point
Paper stocks had the highest gains in early trading. As of press release, Chenming Paper (01812.HK) rose 5.29% to HK$1.79; Nine Dragons Paper (02689.HK) rose 5.04% to HK$3.54; Lee & Man Paper (02314.HK) rose 3.64% to HK$2.56; and Sunshine Paper (02002.HK) rose 1.13% to HK$1.79.
Cathay Pacific Junan: First to Nine Dragons Paper (02689) “Increase in Holdings” Rating Target Price of HK$4.4
Guotai Junan expects Nine Dragons Paper (02689)'s net profit from FY2024-2026 to mother of 7.8/26.8/3.35 billion yuan.
Nine Dragons Paper (2689.HK): Stay true and go through the cycle
Guide to this report: Marginal improvement in industry supply and demand, availability of high-quality raw materials to support product premiums, slowing capital expenditure and easing depreciation pressure. The company's profit elasticity is worth looking forward to under the three major catalysts. Summary: First coverage, with a “gain” rating. Industry cycle
Express News | Guotai Junan International: Gives Nine Dragons Paper an initial rating that is superior.
Nine Dragons Paper (02689) In-depth Report: Integration of pulp and paper, reinventing the paper leader Nirpan
Nine Dragons Paper (02689:HK) has the highest paper production capacity in the world and is focusing on building an integrated layout of the industrial chain. The company was founded in 1995 and listed on the Stock Exchange in 2006. At present, the company has ten major production bases in China
ND PAPER: 2023/2024 Interim Report
Changes in Hong Kong stocks | Nine Dragons Paper (02689) rose nearly 5%, leading paper companies are expected to raise prices and increase demand during the peak season, and demand is expected to be released
Nine Dragons Paper (02689) rose nearly 5%. As of press release, it rose 4.68% to HK$3.58, with a turnover of HK$6.661 million.
Changes in Hong Kong stocks | Sunshine Paper (02002) rose more than 6%, leading paper companies in the paper industry started a new round of price increases, and cultural paper performance can be expected during the peak season in March
Paper stocks generally rose. As of press release, Sunshine Paper (02002) rose 6.15% to HK$1.9; Nine Dragons Paper (02689) rose 5.5% to HK$3.45; and Lee & Man Paper (02314) rose 2.3% to HK$2.22.
Nine Dragons Paper (02689.HK): 23H2 saw impressive growth in production and sales, turning a loss into a profit, and is expected to recover in 24 years
Key investment company FY2024H1 (corresponding to 2023H2 natural year) achieved revenue of 30.61 billion yuan (-1.9% YoY) and net profit of 290 million yuan (YoY +121.1%), compared to FY23H
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