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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.
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.
Chenming Paper (01812) ruled to dismiss HKK2's appeal against the Court of First Instance decision
Zhitong Finance App News, Chenming Paper (01812) issued an announcement. In October 2022, the company commissioned a Hong Kong legal adviser to apply to the Court of First Instance to seek revocation or adjournment of the winding-up petition filed by HKK2 against the company. On July 25, 2023, the Court of First Instance heard the application and handed down a ruling on August 10, 2023, to set aside the winding-up petition. HKK2 appealed against the Court of First Instance decision on October 31, 2023. The appeal was heard by the Court of Appeal on March 21, 2024. The company received an appeal and the court issued it on April 23, 2024
Chenming Paper (01812) was released from the largest shareholder Chenming Holdings for a total of 1.36 million shares
Zhitong Finance App News, Chenming Paper (01812) issued an announcement. The company recently received a letter from Chenming Holdings Co., Ltd. (Chenming Holdings), the largest shareholder, to learn that some of the company's shares held by it were released from the pledge. The total number of shares released from pledge this time was 1.36 million shares, accounting for 0.44% of the company's total share capital.
Investors Aren't Buying Shandong Chenming Paper Holdings Limited's (SZSE:000488) Revenues
You may think that with a price-to-sales (or "P/S") ratio of 0.4x Shandong Chenming Paper Holdings Limited (SZSE:000488) is a stock worth checking out, seeing as almost half of all the Forestry compan
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