On August 26, ND PAPER rose 5.17% in regular trading, trading at 7.42 HKD/share, with turnover of approximately 33 million HKD. The rally was driven by UBS raising its target price by 9% to 11.82 HKD on August 23, while maintaining a Buy rating.

UBS simultaneously upgraded its FY2027 net profit forecast by 9% to 5 billion RMB, reflecting the company's solid outlook and benefits from perpetual securities redemption. The move followed the company's positive profit alert, projecting FY2026 shareholder-attributable net profit of 3.4 to 3.6 billion RMB, representing year-on-year growth of 92.4% to 103.7%, driven by higher sales volume and selling prices rising faster than raw material costs.

Additionally, ND PAPER completed the full redemption of its $400 million 14% senior perpetual capital securities on August 11, which is expected to save approximately 345 million RMB in annual interest expenses, further boosting future earnings. Multiple brokerages including UBS, Guotai Junan, and Zheshang Securities maintain positive ratings on the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)