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Hong Kong stock market anomaly | The stock price of nd paper (02689) fell by more than 3% again due to the rise of waste paper raw materials and controversy over the issuance of the company's high-yield bonds.
The stock price of nd paper (02689) continues to fall, as of press time, it has fallen by 3.26%, to HKD 3.26, with a turnover of HKD 12.0266 million.
Hong Kong Stock Market News: ND Paper (02689) fell by nearly 4% after two paper price increases this year due to rising raw material costs and increased pressure on the industry chain.
Zhī tōng cáijīng APP learned that ND paper (02689) fell by nearly 4%, as of press time, down 3.76%, at HKD 3.33, with a turnover of HKD 2447.19. Recently, ND paper issued a statement announcing an adjustment to the selling prices of its main production products such as boxboard paper, corrugated paper, and kraft paper. This is the second similar announcement by the company this year. It is reported that the main reason for the price increase this time is the rise in raw material costs and the increase in market demand. In addition, it is worth noting that the rise in waste paper raw material prices has also caused manufacturers such as ND paper to have to raise the selling prices of their products.
Hong Kong stocks are fluctuating | Nine Dragons Paper (02689) fell more than 5% again, falling more than 18% within the month. The Zhang Yin family subscribed for company's $400 million bonds at an annual interest rate of 14%.
Nd paper (02689) fell more than 5% again, with a cumulative drop of more than 18% this month. As of press time, it fell 4.83% to HKD 3.35, with a turnover of HKD 21.4211 million.
Market Cool On Nine Dragons Paper (Holdings) Limited's (HKG:2689) Revenues Pushing Shares 25% Lower
Nine Dragons Paper (Holdings) Limited (HKG:2689) shares have had a horrible month, losing 25% after a relatively good period beforehand. Instead of being rewarded, shareholders who have already hel
Former richest woman, questioned by stockholders.
Shocking operation
Nine Dragons Files for Singapore Listing of $400 Million Worth of Bonds
Nine Dragons (HKG:2689) filed for the listing of $400 million worth of perpetual capital bonds, according to a filing with the Singapore Exchange on Tuesday. The paper manufacturer added that the bond
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