Core Viewpoint - Nine Dragons Paper Holdings Limited (玖龙纸业) experienced a significant decline in stock price, dropping over 8% to HKD 5.73, with a trading volume of HKD 101 million [1] Company Summary - Nine Dragons Paper has reduced the prices of its products: the price of corrugated paper and recycled paper has been lowered by HKD 70 per ton, while the price of corrugated cardboard has been reduced by HKD 120 per ton [1] - The company is facing increased pressure on domestic demand for finished paper products as reported by Zhi Chuang Information [1] Industry Summary - The overall demand for finished paper in China has shown signs of slowing down, particularly entering December [1] - Inventory levels for corrugated paper and boxboard have risen significantly, with a reported increase of 10.03% to 262,200 tons as of the week ending December 11, indicating a growing inventory trend compared to the previous week [1][1]
玖龙纸业跌幅扩大逾8% 近期多纸种价格下调