Jinwu Financial News | Coal stocks rose 9.4%, South Gobi (01878) rose 9.4%, Mongolian Energy (00276) rose 6.35%, Yancoal Australia (03668) rose 4.23%, China Coal Energy (01898) rose 4.13%, Yankuang Energy (01171) rose 2.46%, and Shougang Resources (00639) rose 1.51%.
According to the news, Everbright Securities said that the current fundamentals of the coal industry are worry-free in the short term. Short-term overseas disturbances and peak winter may all drive up coal prices. The bank believes that under the potential influence of fundamentals and overseas disturbances, coal stocks have ushered in a good layout opportunity.
CITIC Securities said that on November 15, 2024, the Securities Regulatory Commission issued market value management guidelines, making special requirements for major index constituent stocks to establish market value management systems and disclose valuation improvement plans for long-term broken companies. The bank believes that the disclosure of the “Guidelines” will support the dividend style, and the coal sector is expected to benefit. Leading companies in the coal industry have more stable performance and are also constituent stocks of major indices, so the benefits may be more obvious. In addition, some undervalued and broken companies are also worth watching.
