“价格严重背离价值”，博汇纸业确认将涨价

Group 1: Price Increase Announcement - Bohui Paper confirmed that all cardboard products will increase by 200 yuan/ton starting from November 25, 2024, due to market conditions affecting paper prices [1] - The price adjustment is necessary to maintain normal operations and ensure product quality and service levels [1] Group 2: Market Impact - Following the price increase announcement, the paper sector saw a significant rise, with Bohui Paper hitting the daily limit up, and several other companies like Minshida and Meiliyun rising over 5% [1] - Conversely, some companies like Chenming Paper experienced a sharp decline, with a reported drop of over 25% in Hong Kong shares due to ongoing financial difficulties and production cuts [2] Group 3: Chenming Paper's Financial Struggles - Chenming Paper reported significant losses due to supply-demand imbalances, leading to a decline in white cardboard prices and overall profitability [2] - The company has implemented production cuts, with 703,000 tons of capacity (71.7% of total capacity) affected, resulting in a monthly reduction of approximately 58,000 tons in pulp and 35,000 tons in paper sales [2]