No Data
CHINA QINFA: INTERIM REPORT 2024
Hong Kong stocks are showing abnormal movement, and coal stocks continue to rebound. With the coming of the peak season, it is expected to drive the price of coking coal back to an upward trend. The sector still has prominent defensive attributes.
The coal industrial concept continues its rebound trend, as of the release, Southgobi (01878) rose by 12.12%, to 2.59 Hong Kong dollars; China Qinfa (00866) rose by 4.35%, to 1.2 Hong Kong dollars; China Coal Energy (01898) rose by 4.33%, to 8.91 Hong Kong dollars; Kinetic Dev (01277) rose by 3.68%, to 1.41 Hong Kong dollars.
China Qinfa (00866) rose 64.00%, now trading at 1.000 yuan, reaching a 52-week high.
As of 11:47, China Qinfa (00866) has risen by 64.00% compared to the previous closing price, reaching 1.000 yuan, a new 52-week high; the volume is 8.1115 million shares, and the turnover is 8.4589 million Hong Kong dollars.
China Qinfa Group Limited's (HKG:866) 38% Share Price Surge Not Quite Adding Up
gtja: The bottom of coal price in the second half of the year is expected to not break 800 yuan/ton, and the turning point is estimated to be in mid-September.
In the first half of 2024, the performance of dividend assets with a high proportion of long-term contracts continued to significantly outperform the industry. The performance pressure brought by the simultaneous decline in volume and price in the first half of the year has been released, determining that the bottom coal price in the second half of the year will not break 800 yuan/ton, and the turning point is expected in mid-September.
Hong Kong stocks abnormal | Some coal stocks rise against the trend, multiple coal companies announce mid-term dividends, highlighting the investment value of high dividend sectors.
Some coal industrial concept stocks bucked the trend, as of the deadline, China Qinfa (00866) rose by 6.58%, closing at 0.81 Hong Kong dollars; Yancoal Aus (03668) rose by 4.03%, closing at 29.7 Hong Kong dollars; Shougang res (00639) rose by 3.07%, closing at 2.69 Hong Kong dollars.
Insiders Of China Qinfa Group Are Up 172% On Their CN¥9.68m PurchaseNo Data
No Data
