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Changes in Hong Kong stocks | Paper stocks are at the top of the decline, corrugated paper profits, or operating at a low level, cultural paper profits are expected to recover
Paper stocks had the highest decline today. As of press release, Nine Dragons Paper (02689) fell 4.79% to HK$4.37; Lee & Man Paper (02314) fell 4.56% to HK$2.51; and Chenming Paper (01812) fell 4.25% to HK$2.03.
Even After Rising 15% This Past Week, Nine Dragons Paper (Holdings) (HKG:2689) Shareholders Are Still Down 65% Over the Past Three Years
Nine Dragons Paper (Holdings) Limited (HKG:2689) shareholders should be happy to see the share price up 26% in the last month. But that doesn't change the fact that the returns over the last three
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.
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.
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