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Hong Kong stocks are moving differently | Coal Industrial Concept(coal Industry) stocks are generally rising, with China Shenhua Energy up about 2%. Institutions indicate that after the release of risks in the coal Industry, it is regaining allocation val
Hong Kong stocks of the Coal Industrial Concept showed an upward trend against the odds, with MONGOLIA ENERGY and SOUTHGOBI rising more than 3%, YANKUANG ENERGY, YANCOAL AUS, and CHINA QINFA increasing by 2.4%, and China Coal Energy and China Shenhua Energy rising nearly 2%.
Guosheng Securities: The current decline in coal prices may be nearing its end, emphasizing the opportunity for left-side layout.
Guosheng Securities expects that the decline in Coal prices will significantly slow down or even stop in the latter half of next week.
The decline in performance does not change the fundamental advantages, and the Coal Sector remains attractive due to low valuation and high dividends.
Looking ahead, what investment opportunities does the Coal Sector have, and which quality enterprises are worth paying attention to?
CITIC SEC Coal 2024 performance outlook: The decline is in line with expectations, time to allocate for dividend leaders at low points.
In 2024, the prices of various coal types continued to decline, with an average decrease of 14%, and anthracite coal saw the largest price drop.
In December, China's import volume of CSI Commodity Equity Index showed a mixed trend, with iron ore remaining at a high level, while the import volume of Coal and Soybean reached a record high for the year.
In December, the year-on-year increase in unrefined Copper and copper materials, integrated circuits, iron ore and its concentrates ranked first, while the decline in finished oil was the largest. The import volume of iron ore has remained above 0.1 billion tons for six consecutive months, and the import volume of Coal has remained above 45 million tons for the sixth consecutive month.
High-dividend Coal Industrial Concept(coal Industry) stocks will be the "stable happiness" in 2024. The trend of Thermal Coal next year may fluctuate in a narrow range | 2025 outlook.
① The Coal Sector is expected to perform brilliantly in 2024, humorously referred to as the "most profitable track in A-shares"; ② Industry insiders anticipate that Thermal Coal prices will fluctuate within the Range next year.
