Citigroup: Nine Dragons Paper (02689.HK) Lowering pulp costs in the second half of the year, upgrading to "buy" with a target price of 6.2 Hong Kong dollars.

According to the Wisdom Financial APP, Citigroup released a research report stating that based on expectations of cost savings, the profitability of Nine Dragons Paper (02689.HK) is expected to improve. The company's rating has been upgraded from "neutral" to "buy", with an estimated total return exceeding 55%.