BUZZ — China's Nine Dragons Paper climbs most in 2 months as annual profit doubles

* Shares of Nine Dragons Paper (Holdings) climb 7.4% to HK$6.37, on track for their biggest one-day pct gain since July 21 * Stock hit its highest point since September 11, snapping two straight sessions of decline * Chinese packaging paper maker says its profit attributable to equity holders doubled to 3.59 billion yuan ($534.72 million) year-over-year for fiscal year ended in June * Revenue was up 18.6% y/y driven by a 14% y/y rise in sales volume * YTD, stock up 3.1%, while benchmark Hang Seng Index down 3.6% ($1 = 6.7138 Chinese yuan renminbi) (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com)