Most coal stocks have risen. As of the time of writing, China Shenhua Energy (01088) has increased by 3.37%, trading at HK$33.7; China Coal Energy (01898) has risen by 2.32%, trading at HK$9.25; YANKUANG ENERGY (01171) has increased by 1.82%, trading at HK$8.95.
According to Zhituo Finance APP, most Coal Industrial Concept(coal Industry) stocks are rising. As of the time of writing, China Shenhua Energy (01088) increased by 3.37% to 33.7 HKD; China Coal Energy (01898) rose by 2.32% to 9.25 HKD; YANKUANG ENERGY (01171) jumped by 1.82% to 8.95 HKD; YANCOAL AUS (03668) increased by 0.64% to 31.6 HKD.
Everbright believes that recent overseas Henry Hub Natural Gas prices have continued to rise. Under geopolitical disturbances abroad, traditional Energy prices are expected to increase, and Coal prices are likely to rebound from the bottom. Shanxi points out that as the end of the year approaches, some companies that have completed their annual Coal production tasks are reducing output for safety considerations; at the same time, strong cold air persists, and the peak demand for winter is expected to enter a substantive phase. Coupled with the approaching New Year, economic stabilization policies are expected to continue to strengthen, and domestic Coal prices are expected to remain stable. In addition, continuous implementations of repurchase, Shareholding, relending, and other MMF market tools are unfolding. Carry trades are likely to further deepen the value of Coal dividends, suggesting a focus on high-dividend varieties with high elasticity and stable high-dividend varieties.
