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Express News | shandong chenming paper invests in establishing industrial trading companies.
Hong Kong stock abnormal movement | shandong chenming paper(01812) rebounded more than 6%, with debt overdue leading to 70% of production capacity suspension. The company stated that it is actively resolving the debt crisis.
shandong chenming paper (01812) rebounded by over 6%, as of the time of publication, rose by 4.58%, at 1.37 Hong Kong dollars, with a turnover of 19.4402 million Hong Kong dollars.
Hong Kong stocks closed (11.20) | The Hang Seng Index rose by 0.21%. The AI application concept exploded, with Kairui Medical-B (02105) soaring 48%, leading the pharmaceutical stocks.
After opening lower in the morning, the Hong Kong stock market quickly rose, subsequently showing a narrow range of fluctuating trends throughout the day, with the Hang Seng Index returning to the key level of 4,400 points.
After a public announcement shook the market, shandong chenming paper's AH stock prices both plummeted today, with many banks stating that there is currently no crediting cooperation.
①Affected by related news, shandong chenming paper's AH stocks opened with significant declines today. ②As a star enterprise in shandong, shandong chenming paper once became a key target for banks' public relations and investments. ③Several bank representatives told the China Finance News that there is currently no crediting cooperation with shandong chenming paper. Some banks still have ongoing collaborations, but their exposure is continuously being reduced.
Chenming Paper's Overdue Debt Reaches 1.82 Billion Yuan
Paper industry giant 'thunderstorm', over 50 billion debts partially overdue! Over 70% of production capacity has been suspended.
shandong chenming paper AH shares collectively plummeted.
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