Express News | China Shenhua: H1 2026 net profit attributable to shareholders expected to rise by 6.9%–21.1% year-on-year
Guotai Haitong: Reiterates bullish outlook on the 'global energy supercycle' over the next 5–10 years; 'baseload power sources' may undergo a market value reassessment.
Coal-fired power generation, once regarded as an asset slated for phase-out under decarbonization frameworks, is re-emerging as an indispensable source of reliable capacity and a 'stabilizing anchor' for fuel security in global power systems. Its asset duration, utilization rates, and valuation framework are poised for a systemic reassessment.
Hong Kong Market Moves | Coal Stocks Rise Amid Broader Weakness as Surging Crude Oil Prices Boost Demand for Energy Substitutes; Analysts See Further Upside Potential for Coal Prices
Coal stocks rose against the market trend. As of the time of writing, Yancoal Australia (03668.HK) gained 3.7% to HK$30.24; Yankuang Energy (01171.HK) rose 3.1% to HK$10.97; Power Development (01277.HK) increased 2.56% to HK$1.60; and China Shenhua Energy (01088.HK) climbed 1.73% to HK$42.26.
Express News | Strengthen coal's role as a foundational energy guarantee and enhance the security level of coal supply.
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