Nine Dragons Paper 2689.HK (HKSE) HK$9.51 pre-earnings Feb 25: margin outlook

The 2689.HK stock is trading at HK$9.51 intraday on 24 Feb 2026, down 3.26% as investors position ahead of Nine Dragons Paper’s earnings on 25 Feb 2026. Market focus centres on margin guidance after a strong price recovery year-to-date. Volume sits at 9,593,925 shares versus a 50-day average of 13,783,409, signalling active repositioning ahead of results.