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Returns At China Shenhua Energy (HKG:1088) Appear To Be Weighed Down
Zheshang: In the first quarter, coal companies' performance is under pressure. Pay attention to high-dividend Thermal Coal companies.
In the first quarter, affected by factors such as holidays and higher temperatures, demand was weak, and coal prices decreased. However, due to the long-term contract pricing system, the overall performance of Thermal Coal companies remained stable in the first quarter.
Trump plans to sign the "Black Gold Revitalization Order" to revitalize the Coal industry and safeguard the AI industry.
According to reports, the President of the USA, Trump, will sign an executive order on Tuesday afternoon aimed at expanding domestic Coal Mining and usage.
China Shenhua Energy (01088.HK) plans to hold a Board of Directors meeting on April 25 to approve the first-quarter performance.
Gelonghui reported on April 8 that China Shenhua Energy (01088.HK) announced that it will hold a Board of Directors meeting in Peking on April 25, 2025, to review and (if deemed appropriate) approve the performance announcement for the three months ending March 31, 2025, and other matters.
CHINA SHENHUA: NOTICE OF BOARD MEETING
China Shenhua Energy (01088) rebounded nearly 3% after negotiating with the State Energy Group to initiate a new round of capital injection Trade.
Jingu Financial News | China Shenhua Energy (01088) rebounded in early trading, with an increase of 2.68% as of the time of writing, reaching 30.7 Hong Kong dollars, with a transaction amount of 57.0047 million Hong Kong dollars. The company announced that the National Energy Group and China Shenhua Energy will continue to promote the injection of high-quality Coal Assets into China Shenhua Energy. To reduce potential competition, in January 2025, China Shenhua Energy will acquire 100% equity of National Energy Group Hangjin Energy Co., Ltd. held by the National Energy Group for a consideration of 0.853 billion yuan. This Trade was completed in February 2025. According to the agreement signed by both parties to avoid competition and its relevant supplementary agreements.
