No Data
No Data
Are Investors Undervaluing China Coal Energy (CCOZY) Right Now?
China Coal Xinji EnergyLtd's (SHSE:601918) 25% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
China Coal Energy (CCOZY) Is on the Move, Here's Why the Trend Could Be Sustainable
HK stocks are active | Coal stocks continue to rebound in the near term, and coal prices have strong resilience. The sector's performance may continue to show a year-on-year improvement trend.
Coal industrial concept continues recent rebound, as of the time of publication, Southgobi (01878) rose by 12.32%, closing at 2.37 Hong Kong dollars; Mongol Mining (00975) rose by 7.38%, closing at 8 Hong Kong dollars; Yanzhou Coal Australia (03668) rose by 2.58%, closing at 29.8 Hong Kong dollars; China Coal Energy (01898) rose by 1.66%, closing at 8.57 Hong Kong dollars.
[Brokerage Focus] Changjiang Securities expects a reversal of the production and sales dilemma in the coal industry, and anticipates short-term volatility in coke prices to stabilize.
Jingu Finance News | Changjiang Securities issued research reports indicating that, 1) In terms of thermal coal fundamentals, as of September 14, the market price of thermal coal at Qinhuangdao Port was 857 yuan/ton, with a weekly increase of 15 yuan/ton. Looking ahead, the replenishment of high-quality coal sources in the current port market is slow, and the structural shortage issue still exists, but downstream demand release remains restrained. It is expected that the short-term coal price may continue the moderate upward trend. 2) In terms of steel fundamentals, as of September 14, the main coking coal inventory price at Jingtang Port was 1770 yuan/ton, holding steady on a weekly basis. The bank stated that, looking ahead, with the eighth round of coke price reductions and the rebound of steel prices, the losses in coking plants worsen while steel mills turn bullish.
Little Excitement Around China Coal Energy Company Limited's (HKG:1898) Earnings
No Data
No Data