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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.
How is the outlook for the papermaking peak season? Manufacturers are cautiously optimistic, with cost control still being the main theme|Industry News
1. The papermaking peak season has started, and many paper mills hold cautious optimism expectations; 2. The industry was flat in the first three quarters, and the cost advantages of leading paper enterprises are showing; 3. There are many factors causing differences in gross profit of paper enterprises, with inventory management being the core; 4. The pressure of rising paper prices in Q4 still exists, and paper enterprises still need to compete in cost control.
Hop Fung Group Holdings Limited's (HKG:2320) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
HOP FUNG GROUP: Interim Report 2024
Hop Fung Group [02320] is now trading at HKD 0.072, a decrease of 33.95%.
As of 13:10, Hop Fung Group [02320] reported HKD 0.072, a decrease of HKD 0.037 or 33.95% compared to the previous closing price of HKD 0.109. The trading volume was HKD 0.0001 million. The highest price today was HKD 0.072, and the lowest price was HKD 0.072. Based on the closing price yesterday, the 10-day average price was HKD 0.09, and the 50-day average price was HKD 0.08. The current PE ratio is -0.72 times, and the 14-day strength index is 66.04.
Hop Fung Group Welcomes New Executive Director
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