Nine Dragons Paper Holdings Limited
Nine Dragons Paper (Holdings) Limited is engaged in the manufacture and sale of packaging paperboard products and unbleached kraft pulp in the People’s Republic of China. The Company’s packaging paperboard products include linerboard, corrugating medium and coated duplex board, as well as unbleached kraft pulp. The Company’s subsidiaries include Nine Dragons Paper Group Limited, Zhang’s Enterprises Co., Ltd., Nine Dragons Paper Industries Co., Ltd., Millennium Scope Limited, River Dragon Paper Industries Co., Ltd., Emperor Dragon Paper Industries Co., Ltd., Sky Dragon Paper Industries (HK) Co., Ltd., Sky Dragon Paper Industries Co., Ltd. and Nine Dragons Finance (Group) Limited.
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Yesterday Asian markets ended lower after big overnight losses on Wall Street and on concerns about European banks. Tokyo's Nikkei index reached its lowest since October. Shanghai Composite saw a massive 4.7% fall in a single day. Hong Kong's Hang Seng Index ended up 0.6% and Taiwan's Taiex gained 0.2%.
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