HK Stock Market Move | CHENMING PAPER(01812) rose nearly 8% again, with multiple bases operating normally. The company is pursuing a strategy of divesting non-core businesses.

CHENMING PAPER (01812) rose nearly 8% again, as of the time of writing, up 6.96% to 1.23 Hong Kong dollars, with a turnover of 10.2448 million Hong Kong dollars. On the news front, CHENMING PAPER recently issued a stock price abnormal movement announcement stating that the Shouguang base, Huanggang base, Jiangxi base, Jilin base, and Zhanjiang base are all operating normally except for the fourth factory; the fourth factory in Zhanjiang base is accelerating equipment debugging to resume production as soon as possible. In addition, CHENMING PAPER confirmed on the Shenzhen Stock Exchange Interactive Platform in response to investor inquiries that the company completed the divestment of all assets related to the financial leasing business in the fourth quarter of 2025, and will no longer engage in any financial leasing business from now on. This also means that this paper industry giant will completely exit the financial leasing industry. This asset divestment is not a temporary decision, but a long-term strategy of CHENMING PAPER focusing on its core pulp and paper business and divesting non-core businesses.