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Kinetic Dev (01277) is expected to distribute a special dividend of HKD 0.04 per share on September 9th.
Kinetic dev (01277) has announced to express gratitude to its shareholders for their long-term support. The board of directors has resolved to declare and pay a final dividend of the company at a rate of...
Express News | Kinetic Development - Resolved Declaration and Payment of Special Dividend of HK$0.04 per Share
KINETIC DEV: DECLARATION AND PAYMENT OF A SPECIAL DIVIDEND ANDCLOSURE OF REGISTER OF MEMBERS
Coal stocks are generally on the rise, with Yancoal Aus (03668) up 3.16%. Institutions point to the bottom of the coal value approved by industrial capital may be coming.
Coal stocks are generally up today, with Yancoal Aus (03668) up 3.16%, China Coal Energy (01898) up 2.89%, Kinetic Dev (01277) up 2.68%, China Qinfa (00866) up 2.6%, and China Shenhua Energy (01088) up 1.42%. In terms of news, Kaiyuan Securities stated that the coal sector has experienced a significant pullback since July 2024, during which major shareholders and executives have disclosed shareholding plans, demonstrating their recognition of the company's long-term investment value and confidence in its future sustainable and stable development.
gtja: Global perspective on the impact of the US economic downturn on the coal industry in china
The international coal price has a relatively weak impact on China mainly because it is not globally priced like crude oil and natural gas, especially in the USA, which is the largest variable in terms of marginal demand elasticity. China accounts for 56% of global coal demand and has an import dependence of only about 10%.
Kinetic dev (01277.HK) plans to hold a board of directors meeting on August 19 to approve its mid-term performance.
Board of directors of Kinetic Dev (01277.HK) announced that the board meeting will be held on August 19, 2024 (Monday) to consider and approve (including) the publication of the group's interim performance as of June 30, 2024, and declaration of interim dividend (if any).
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