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Shanying International Holdings Co.,Ltd (SHSE:600567) Soars 26% But It's A Story Of Risk Vs Reward
Some Investors May Be Worried About Shanying International HoldingsLtd's (SHSE:600567) Returns On Capital
gf sec: The leading papermaking company is reducing production, and the industry is likely to welcome a short-term turning point.
Chenming (000488.SZ) monthly production reduction is expected to have a certain impact on domestic paper prices, short-term supply shrinkage, demand remains unchanged, expected to stop the current downward trend of paper prices, bullish for the industry sentiment to recover.
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.
Shanying International HoldingsLtd (SHSE:600567) Takes On Some Risk With Its Use Of Debt
shanying international holdings (600567.SH): has repurchased 5.53% of the shares.
Gelonghui November 4th, shanying international holdings (600567.SH) announced that as of November 4th, 2024, the company has repurchased a total of 293,686,632 shares through centralized competitive trading, accounting for 5.53% of the total share capital of the company (as of November 1, 2024), an increase of 1.21% compared to the previous disclosure. The highest price of the repurchase transaction was 1.94 yuan per share, the lowest price was 1.36 yuan per share, and the total amount paid was 473,779,203.08 yuan (excluding transaction costs).