Guosen 2025 Coal Industry strategy: Adhere to high-yield stocks and layout for steady growth.
In the current environment of low interest rates and weakened cyclical attributes of the Coal Sector, the dividend attributes of the Coal Sector are highlighted, still possessing high allocation value.
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.
Honk Kong stocks closed (12.31) | The Hang Seng Index rose by 0.09% to hold steady above the 20,000 mark, ending the "four consecutive declines" with a total annual increase of over 17%.
On the last trading day of the Large Cap, the three major Indexes showed a divergence in trends, with the Hang Seng Index continuing to firmly hold above the 20,000 mark, while the Hang Seng Tech Index showed weak performance.
China Shenhua Energy Gets Inner Mongolia's Approval for Railway Project
China Shenhua's Railway Project Gains Approval
Express News | China Shenhua Energy - Obtained Official Reply From Inner Mongolia Autonomous Region Development and Reform Commission
Express News | China Shenhua Energy Says Project's Total Investment Amounts to About 11.3 Bln Yuan
Express News | China Shenhua Energy Says Railway Project Gets Approval From Inner Mongolia Authorities
China Shenhua Energy Appoints New Executive Director
China Shenhua Energy (01088.HK) appointed Zhang Changyan as a member of the Global Strategy and Investment Committee, as well as a member and chairman of the Safety, Health, Eco-friendly Concept, and ESG Working Committee.
On December 20th, Gelonghui announced that China Shenhua Energy (01088.HK) has resolved to appoint Zhang Changyan as a member of the Global Strategy and Investment Committee, and as a member and chairman of the Safety, Health, Eco-friendly Concept, and ESG Working Committee. The term for the aforementioned committee member and chairman shall begin from the date of the Board of Directors' approval until the expiration of the sixth Board of Directors' term. Lv Zhiyuan will no longer serve as a member and chairman of the Board of Directors' Safety, Health, Eco-friendly Concept, and ESG Working Committee.
Coal Industrial Concept stocks are generally declining, China Coal Energy (01898) fell by 5.64%. Institutions indicate that at the current time, the high inventory of Thermal Coal still puts pressure on coal prices.
Jinwu Financial News | Coal Industrial Concept(coal Industry) sees widespread decline, SOUTHGOBI (01878) down 8.5%, HIDILI INDUSTRY (01393) down 7.58%, CHINA QINFA (00866) down 5.93%, China Coal Energy (01898) down 5.64%, China Shenhua Energy (01088) down 3.77%, MONGOL MINING (00975) down 3.66%, SHOUGANG RES (00639) down 3.15%, YANKUANG ENERGY (01171) down 2.91%, YANCOAL AUS (03668) down 2.67%. Sealand indicated that, at this moment, with high inventory of Thermal Coal, coal prices remain.
Hong Kong stocks are showing unusual movements | Coal Industrial Concept (coal Industry) stocks are dropping significantly due to high inventory and continued pressure from import levels, while the long-term advantages of their dividend attributes remain.
The Coal Industrial Concept (coal Industry) stocks are among the biggest decliners. As of the time of this report, SOUTHGOBI (01878) has fallen by 9.09%, trading at 3.1 HKD; CHINA QINFA (00866) is down by 5.93%, trading at 1.27 HKD; and China Coal Energy (01898) has declined by 5.11%, trading at 9.09 HKD.
Shanxi: Coal supply continues to recover in November, manufacturing investment maintains high growth.
From January to November 2024, the cumulative production of raw coal reached 4.322 billion tons, an increase of 1.20% year-on-year, with the growth rate declining compared to the same period in 2023. In November alone, the production of raw coal was 0.428 billion tons, an increase of 1.80% year-on-year, with the growth rate decreasing compared to the same month last year.
Ping An Securities Energy and Chemical 2025 strategy: Energy price reduction cycle, waiting for bottom reversal.
Traditional Energy is still in a price decline cycle, with supply expected to increase steadily by 2025. Demand recovery still requires waiting, and the overall fundamentals are relatively weak. The price center may continue to move downward, but the year-on-year decline is expected to narrow.
National Bureau of Statistics: In November, the output of raw coal from large-scale industries was 0.43 billion tons, an increase of 1.8% year-on-year.
On December 16, data from the National Bureau of Statistics showed that in November, the output of industrial raw coal from enterprises above designated size was 0.43 billion tons, a year-on-year increase of 1.8%; the average daily output was 14.266 million tons.
Selected announcements | Ping An Insurance's original premium income in the current year is nearly 800 billion yuan; GANFENGLITHIUM's Goulamina spodumene project phase one has officially gone into production.
In the first 11 months, New China Life Insurance accumulated original insurance premium income of 163.1663 billion yuan, a year-on-year increase of 2.2%; Ideal Autos granted a total of 3.94697 million restricted stock units.
China Shenhua Announces Major Operating Data for November 2024
Shenhua Energy's Coal Output, Sales Decline in November
In November, China Shenhua Energy (601088.SH) sold 38.3 million tons of Coal, a year-on-year decrease of 3.3%.
China Shenhua Energy (601088.SH) announced that the coal sales volume for November 2024 is 38.3 million tons...
Express News | China Shenhua Energy - Nov Commercial Coal Production 27.0 Mln Tonnes
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