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MONGOL MINING (00975.HK) canceled 2.937 million repurchased shares on February 6.
On February 6, Gelonghui reported that MONGOL MINING (00975.HK) announced the cancellation of 2.937 million shares that had been repurchased on February 6, 2025.
[Brokerage Focus] CITIC SEC suggests that the short-term performance of the Coal Sector may have potential after the holiday.
Jingu Financial News | A Research Report from CITIC SEC indicates that reviewing the data performance in the month following the Spring Festival over the years, coal prices exhibit short-term low volatility characteristics, and most years show positive returns in this Sector; however, excess returns are only reflected in 1 to 2 weeks. This year, before and after the Spring Festival, there are no unexpectedly negative factors overseas, and the fundamentals of Thermal Coal are likely to follow the rhythm of previous years; coking coal prices have seen significant adjustments before the festival, and it is expected that post-festival, there will be certain support from potential macro drivers in the black Industry Chain. With this expectation, along with policy support for long-term capital entering the market and strengthened market cap management of central state-owned enterprises, the leading stocks in the Coal Sector still maintain attractiveness.
Mongolian Mining Corporation's (HKG:975) Shares Not Telling The Full Story
MONGOL MINING (00975.HK) spent 1 million Hong Kong dollars to repurchase 0.135 million shares on January 22.
Gelonghui January 22丨MONGOL MINING (00975.HK) announced that on January 22, it spent 1 million Hong Kong dollars to repurchase 0.135 million shares.
Everbright Securities: Coking coal prices have bottomed out and rebounded, focusing on the investment value of undervalued coking coal stocks.
Everbright stated that after experiencing a downward resonance in coking coal prices and stock prices, the PB of some coking coal enterprises has now fallen below 1.0 times, making them currently possess a cost-effectiveness suitable for allocation.
Mongolian Mining Appoints New Independent Directors to Enhance Governance