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Most coal stocks listed in Hong Kong rose, with institutions noting that supply tightness could exceed market expectations, and higher temperatures may gradually kickstart peak-season demand.
June 1 news: Most Hong Kong-listed coal stocks rose. As of the time of reporting, Power Development gained 9%, China Coal Energy and Yankuang Energy rose nearly 8%, Shougang Resources increased by nearly 6%, and China Shenhua climbed nearly 5%.
Kaishun Holdings (08203): Chan Chun Long has been appointed Chairman of the Board.
Kaishun Holdings (08203) announced that Mr. Chan Chun Long, Executive Director and current Co-Chief Executive Officer of the company, has been appointed as Chairman of the Board, effective May 29, 2026.
KAISUN HOLDINGS: ANNUAL REPORT 2025
KAISUN HOLDINGS: ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2025
How have geopolitical conflicts historically supported coal prices?
Founder Securities reviewed historical events and found that whenever oil and gas supplies are impacted, coal prices often surge simultaneously, with the highest increase reaching 123%. The transmission of oil and gas prices to coal is mainly achieved through two pathways: coal chemical industry and power generation. Olefins can be produced either through petrochemical processes or via coal-based chemical routes. Once tight natural gas supplies drive up gas-fired power costs, demand for coal-fired power as an alternative will quickly rise. Currently, coal prices remain relatively low, but if lockdowns become常态化 (normalized), the overall price level of coal may shift upward.
Kaishun Holdings (08203): Wu Bingyuan and Leung Kin Hung have been appointed as independent non-executive directors.
Kaishun Holdings (08203) announced that Mr. Wu Bingyuan (Mr. Wu) and Mr. Liang Jianhong (Mr. Liang) have been appointed...