Under the three major pressures of costs, supply, and demand, when will the paper industry Sector "hit bottom and rebound"?

The "other side" of the continuous decline in the paper Sector in recent days is that many cardboard factories have started to raise prices as a "self-rescue" measure.

Zhitong FinanceDec 18 16:52

ND PAPER (02689.HK): FY24 performance shows moderate recovery, and pulp paper capacity is being smoothly released.

Investment highlights: The company achieved revenue of 59.818 billion yuan in FY2024 (up 5.16% year-on-year), with a Net income of 0.751 billion yuan (up 131.50% year-on-year), of which FY24H2 achieved revenue of 292.0.

ZheshangDec 17 00:00

Morgan Stanley's investment rating and target price for resource stocks Listed in Hong Kong (table).

Morgan Stanley published a research report, listing the investment ratings and target prices for resource sector H shares as follows: Stock | Investment Rating | Target Price (Hong Kong Dollar) Zijin Mining Group (02899.HK) | Shareholding | 22.9 MMG (01208.HK) | In line with the market -> Shareholding | 2.5 -> 3.6 Aluminum Corporation Of China (02600.HK) | Shareholding | 7.1 -> 5.5 CHINAHONGQIAO (01378.HK) | Shareholding | 14.1 -> 15.4 ZHAOJIN MINING (01818.HK) |

AASTOCKSDec 16 10:04

Hong Kong stock movement | ND PAPER (02689) rose over 7% in early trading as the paper industry initiates a new wave of price hikes. Citigroup stated that the company is more likely to obtain licenses.

ND PAPER (02689) is currently up over 7%. As of the time of writing, it has risen by 5.17%, trading at HKD 3.46, with a transaction volume of HKD 26.6942 million.

Zhitong FinanceDec 16 09:46

Citi: Maintains ND PAPER's "Neutral" rating, with the Target Price lowered to HKD 3.7.

Citi has released a research report stating that it is maintaining its earnings forecast for ND PAPER (02689), but has lowered its Target Price from 4.3 Hong Kong dollars to 3.7 Hong Kong dollars, believing that the opportunities for profit improvement are limited in the current environment. The firm expects the four major paper companies in China to continue expanding their production capacity despite low profitability, as it is easier for companies to obtain permits in provinces or cities in China. The firm maintains a 'neutral' rating for ND PAPER and LEE & MAN PAPER (02314).

Sina Hong Kong StockDec 11 16:17

Citibank: Maintains ND PAPER (02689) "Neutral" rating, Target Price adjusted to 3.7 Hong Kong dollars.

Citigroup expects that the four major paper companies in the mainland will continue to expand their production capacity despite having low profitability.

Zhitong FinanceDec 11 15:07 · Ratings