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The Zhitong Finance App learned that Citibank released a research report stating that it lowered the target price of Nine Dragons Paper (02689.HK) from HK$8.8 to HK$5.8, reflecting weak potential profit margins and maintaining a “neutral” rating because the valuation was relatively low.

Zhitongcaijing·10/07/2026 03:17:02
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The Zhitong Finance App learned that Citibank released a research report stating that it lowered the target price of Nine Dragons Paper (02689.HK) from HK$8.8 to HK$5.8, reflecting weak potential profit margins and maintaining a “neutral” rating because the valuation was relatively low.