Nine Dragons Paper Holdings (2689)
Hong Kong Stock Exchange · Hong Kong · prices in HKD · close of 21 Oct 2026
Key indicators
| Last close | HKD 4.820 |
|---|---|
| 52-week range | 4.795 – 9.970 |
| Return, 1 month / 3 months | −22.3% / −38.5% |
| Return, 1 year / 3 years | −9.7% / +6.6% |
| Trend | Below its 200-day average |
| RSI (14) | 20 |
| Volatility (1 year) | 50.4% |
| Worst drawdown (1 year) | -51.0% |
| Average daily value traded | 86.36M HKD |
| Dividend yield | – |
Market X-Ray price-based
Five-year price chart navy: price · brown: 200-day average
About the company
Nine Dragons Paper Holdings makes containerboard and other paper products used in packaging. The company produces linerboard and corrugating medium, the paper grades that go into corrugated boxes, along with tissue paper and other paper goods. Its customers are packaging converters, box makers and consumer goods companies that need paper-based packing materials. The business is based in Dongguan in southern China and runs paper mills that turn recovered fibre and pulp into finished paper rolls for industrial and consumer markets.
The shares are listed on the Hong Kong Stock Exchange in Hong Kong under the code 2689, and the price on this page is in Hong Kong dollars (HKD). Our dividend records, which start in 2019, show payments in 4 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Summary
Nine Dragons Paper Holdings (2689) trades on the Hong Kong Stock Exchange in Hong Kong. It last closed at HKD 4.820 on 21 October 2026.
Its price-based Market X-Ray is 48 out of 100 (a weak price profile), ranking 1,393 of 2,611 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.
Over the last year the price fell 9.7% and over the last three months it fell 38.5%. Returns are price returns, dividends not included.
Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.
The five lenses in numbers each metric is ranked against the other stocks on Hong Kong Stock Exchange
| Lens and metric | Value | Score | Reading |
|---|---|---|---|
| Trend | 32 · Weak | Below its long-term averages and far from its highs. | |
| Above 200-day average | -31.4% | ||
| From 52-week high | -51.0% | ||
| Momentum | 37 · Weak | Lagging most stocks on this exchange. | |
| 3-month return | -38.5% | ||
| 6-month return | -28.7% | ||
| 12-month return, skipping the last month | 16.1% | ||
| Stability (higher is calmer) | 52 · Fair | Typical risk for this exchange. | |
| Volatility, 1 year (lower is calmer) | 50.4% | ||
| Worst drawdown, 1 year (smaller is calmer) | -51.0% | ||
| Liquidity | 90 · Strong | Trades actively. | |
| Average daily value traded | 86.36M HKD | ||
| Zero-volume days | 0.0% | ||
| Income | – | Pays no dividend. | |
| Dividend yield | – | ||
| Years with dividends | 2 |
Strengths
- Liquidity: Trades actively.
Weak spots
- Trend: Below its long-term averages and far from its highs.
- Momentum: Lagging most stocks on this exchange.
Returns
| 1 week | −7.6% |
|---|---|
| 1 month | −22.3% |
| 3 months | −38.5% |
| 6 months | −28.7% |
| 1 year | −9.7% |
| 3 years | +6.6% |
| 5 years | – |
Signals
| 50-day / 200-day average | 6.320 / 7.026 |
|---|---|
| Golden / death cross (60 days) | Death, 14 days ago |
| New 52-week high | No |
| Bullish RSI divergence | No |
| Average daily range (ATR) | 0.203 |
Technical summary
Recent dividends
| Ex-dividend date | Amount per share |
|---|---|
| 9 Dec 2022 | HKD 0.0224 |
| 16 Jun 2022 | HKD 0.0936 |
| 13 Dec 2021 | HKD 0.4041 |
| 17 Jun 2021 | HKD 0.1200 |
| 14 Dec 2020 | HKD 0.2510 |
| 18 Jun 2020 | HKD 0.1109 |
How to read this report
Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Hong Kong Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.