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China International Capital Corporation Papermaking 2025 Outlook: Starting Point of Demand Recovery, End of Capacity Cycle.
Papermaking, being a cyclical commodity highly sensitive to Consumer demand, is expected to benefit from high certainty in demand by 2025, especially with the expectation of mid-single-digit year-on-year growth in the demand for packaging paper and specialty paper.
Express News | Shun Control Development: Signed a 0.515 billion yuan acquisition of 100% equity and related debts of Huaxin Color Printing.
Guangdong Guanhao High-tech (600433): Operation steadily improves, integrated competitiveness is solidified.
This report introduction: In the first three quarters of 2024, the company's performance improved year-on-year, and the integrated capacity is being advanced in an orderly manner. Investment points: Performance fell short of expectations, and profit expectations have been adjusted. Due to the decline in industry prosperity and the acceleration of competition, the company's performance was below expectations.
Express News | Guangdong Guanhao High-Tech: Intends to transfer 100% equity and debt of Hua Xin Printing.
Hong Kong stock industry concept tracking | Paper companies have set off a new round of price increases, signaling the industry's bottoming out and rebound (with concept stocks).
Since October, many papermaking companies have carried out one or more rounds of price increases. Recently, more companies have announced price adjustment plans for their multiple facilities, leading to paper enterprises in various regions following suit. The entire papermaking industry has ignited a new wave of price hikes.
CICC Downgrades Guangdong Guanhao High-Tech to Market Perform From Outperform, Price Target Is 3.70 Yuan
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