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Huili Resources Schedules Key Financial Meeting
Huili Res (01303.HK) held a board of directors meeting on August 29 to consider and approve the mid-term performance.
Huili Res (01303.HK) announced on August 12 that the board of directors meeting will be held on Thursday, August 29, 2024, to consider and approve the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, and to consider the proposed interim dividend (if any).
HUILI RES: DATE OF BOARD MEETING
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%.
Huili Resources Unit Buys Hong Kong Firm; Shares Down 5%
Debang Securities: Coal industry shareholding and market cap both increased in Q2 2024, with a narrower range of low allocation.
In Q2 of 2024, the coal industry had a relatively outstanding market performance, outperforming the SSE Composite Index and achieving both excess and absolute returns. It ranks fourth in the Shenzhen Stock Exchange first-level industry in terms of increase.
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