On August 21, ND PAPER rose 5.16% in regular trading, trading at HKD 6.975/share, with turnover of HKD 29.35 million. The rebound follows the previous session's sharp decline of over 15%, triggered by a classic sell-the-news reaction after the company's positive profit alert.

On August 20, the company announced expected FY2026 profit of RMB 3.9 billion to 4.1 billion, representing 77.1% to 86.2% year-over-year growth. Equity holders' attributable profit was guided at RMB 3.4 billion to 3.6 billion, up 92.4% to 103.7%. The improvement was attributed to higher sales volumes and selling prices rising faster than raw material costs. However, multiple brokerages had already forecast attributable net profit near RMB 3.5 billion, meaning results were largely priced in. With the stock having rallied over 60% from its 52-week low of HKD 4.74, profit-taking ensued.

The current session's recovery reflects technical oversold conditions following the prior day's excessive sell-off, as the stock stabilizes near the HKD 7.0 level.

(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.)