[ET Net News Agency, 11 February 2025] UBS lowered the target price for ND Paper (02689)
to HKD4.58 from HKD5.06 and maintained the "buy" rating.
The research house said it cuts FY25-27E earnings by 35-48% mainly to reflect the USD
400mn perpetual capital securities issuance that was issued in June 2024. (rc)
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02689 ND PAPER
Nominal 
3.500 +0.020 (+0.575%) Others
11/02/2025 15:44
{I-bank focus}UBS lowers ND Paper (02689) to HKD4.58
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