- Reuters•29 days ago
Chinese packaging makers are bracing themselves for Singles' Day on Friday, stocking up on cardboard and taking on staff ahead of an online shopping bonanza that shifts more goods than Black Friday and Cyber Monday in the United States combined. Sun Jingyun, owner of Kunshan Jiaze Packaging in eastern Jiangsu, has added a third extra staff since early October to meet a threefold jump in demand ahead of a day of discounts led by internet retailer Alibaba Group Holding Ltd. More packagers have emerged in answer to China's e-commerce boom which began around 2010, squeezing profit margins as the cost of cardboard and tape rises while output prices fall.
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2689.HK : Summary for ND PAPER - Yahoo Finance
ND PAPER (2689.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||7.24 - 7.42|
|52 Week Range||3.77 - 7.64|
|PE Ratio (TTM)||26.40|
|Dividend & Yield||0.02 (1.97%)|
|1y Target Est||N/A|