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Coal Industrial Concept stocks are generally declining, China Coal Energy (01898) fell by 5.64%. Institutions indicate that at the current time, the high inventory of Thermal Coal still puts pressure on coal prices.
Jinwu Financial News | Coal Industrial Concept(coal Industry) sees widespread decline, SOUTHGOBI (01878) down 8.5%, HIDILI INDUSTRY (01393) down 7.58%, CHINA QINFA (00866) down 5.93%, China Coal Energy (01898) down 5.64%, China Shenhua Energy (01088) down 3.77%, MONGOL MINING (00975) down 3.66%, SHOUGANG RES (00639) down 3.15%, YANKUANG ENERGY (01171) down 2.91%, YANCOAL AUS (03668) down 2.67%. Sealand indicated that, at this moment, with high inventory of Thermal Coal, coal prices remain.
Hong Kong stocks are showing unusual movements | Coal Industrial Concept (coal Industry) stocks are dropping significantly due to high inventory and continued pressure from import levels, while the long-term advantages of their dividend attributes remain.
The Coal Industrial Concept (coal Industry) stocks are among the biggest decliners. As of the time of this report, SOUTHGOBI (01878) has fallen by 9.09%, trading at 3.1 HKD; CHINA QINFA (00866) is down by 5.93%, trading at 1.27 HKD; and China Coal Energy (01898) has declined by 5.11%, trading at 9.09 HKD.
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