02689.HK
Nine Dragons Paper (Holdings) Limited
HKSE · Basic Materials · Paper, Lumber & Forest Products · CN
HKD 6.63
−0.75%Aug 21, 2026, 06:55 UTC
Nine Dragons Paper shares rebounded nearly 5% on August 21, 2026, after falling 16.8% the previous day following a profit alert.
Source:Aug 20, 2026, 04:22 UTC
Nine Dragons Paper issued a profit alert, expecting full-year profit attributable to shareholders of about RMB 3.4 billion to 3.6 billion for the year ending June 2026, up 92.4% to 103.7% year-on-year.
Source:Jul 2, 2026, 00:04 UTC
Major Chinese paper companies, including Nine Dragons, Shanying, Lee & Man, and Rongcheng, implemented intensive maintenance shutdowns from late May to June 2026, reducing supply of corrugated and linerboard paper.
Source:Jul 2, 2026, 00:04 UTC
In June 2026, corrugated and linerboard paper prices in China rose significantly, with Nine Dragons Paper leading a price increase of 50-100 yuan per ton across its ten bases, followed by 21 other companies raising prices by 50-200 yuan per ton.
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