00975 MONGOL MINING
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MONGOL MINING News
Coal prices are rebounding or being suppressed! Production declined markedly in the first 4 months, and expectations for increased coal production in Shanxi are heating up
In the first four months of this year, there was a significant year-on-year decline in coal production capacity in the Shanxi region. Combined market prices dropped more than in the same period last year, and the profitability of some listed companies in the coal industry in Shanxi declined markedly. Meanwhile, under the annual coal production capacity task in Shanxi Province, the industry expects coal production in Shanxi Province to increase starting in May.
Haitong Securities: 24Q1 performance is under pressure, coal may still fluctuate and adjust in the short term
Currently, the prices of thermal coal and coking coal have both entered the bottom fluctuation range, but the upward trend is yet to be further boosted by the demand side.
Express News | GF Securities: Coal prices continue to rise, supply and demand are improving steadily, and valuation flexibility can be expected
Tianfeng International: What are the future expectations of the coal price increase industry?
Regarding the recent month-on-month rise in thermal coal prices, it is mostly due to supply-side contraction. Coking companies have maintained a strategy of low inventory for a long time. Currently, coking coal stocks are at their lowest level in nearly 5 years.
Coal prices fluctuated weakly in Q1, with net profit from coal companies falling mainly year-on-year
It is expected that the relationship between coal supply and demand will be difficult to further relax in 2024. With the arrival of the peak summer season, there is little room for further decline in domestic coal prices; moreover, there are still marginal improvements in economic stabilization policies such as real estate and infrastructure in the later stages, and demand for coal is very rigid.
Intraday Overview | Hong Kong stock trends diverge, high dividend concept carnival; domestic housing stocks skyrocketed, Shimao Group rose more than 50%
The Hong Kong Stock Exchange rose more than 6%. Reports say Hong Kong Stock Connect's dividend tax may be reduced, and the listing of Saudi companies in Hong Kong is just around the corner.
A quick look at the Hong Kong market | Most of Kewang stocks and domestic housing stocks declined. Xiaomi reversed the market and rose more than 6%, and Vanke fell nearly 7%
Most auto stocks declined; Xiaopeng fell more than 6%, ideally nearly 5%; coal stocks improved, China Coal Energy rose nearly 5%, and Yankuang Energy rose more than 4%; large financial stocks weakened, and CICC Securities, and Ping An of China fell about 4%.
Guojin Securities: The first rise in coal prices in the beginning of the year is expected to pull back slightly in May after the off-season catalyzed by port storage
After the off-season coal prices fell under pressure in March-April, coal prices in the port market are expected to bottom out in May, but the increase is limited. Judging from the 1-2 M24 coal price fluctuation experience, whether the port can successfully go to storage is an important condition for whether market coal prices can recover after the off-season.
A number of G7 officials broke the news: an agreement will soon be reached on phasing out coal by the early 2030s
According to several Western officials, the Group of Seven (G7) has agreed to phase out coal by the early 2030s, which is a key milestone for these economies seeking to switch to more sustainable fuels.
Battsengel Gotov sold 500,000 common shares of Mongolian Coking Coal (00975.HK) worth approximately HK$5.249,900
On April 29, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 29, Battsengel Gotov sold $500,000 common shares worth HK$5.249,900 on April 26 at an average price of HK$10.4997 per share. After the sale, Battsengel Gotov's latest shareholding was 9 million shares, and the good position ratio dropped from 0.91% to 0.86%. Additional information: The Company proposed share options to th
Battsengel Gotov sold 500,000 common shares of Mongolian Coking Coal (00975.HK) worth approximately HK$4.99,800
On April 29, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 29, Battsengel Gotov sold $500,000 common shares of $Mongolian Coking Coal (00975.HK) at an average price of HK$9.9996 per share on April 25, worth approximately HK$4.99,800. After the sale, Battsengel Gotov's latest shareholding was 9.5 million shares, and the good position ratio dropped from 0.96% to 0.91%. Additional information: The Company proposed share options to the
MONGOL MINING (00975) issues 1.02 million shares due to exercise of share options
According to Zhitong Finance App, MONGOL MINING (00975) announced that on April 26, 2024, the company will issue 1.02 million shares in accordance with the share option plan.
蒙古焦煤：年度報告 2023
Guoxin Securities released a research report on April 26 stating that it gave Jiayou International (603871.SH) a purchase rating. The main reasons for the rating include: 1) China's coking coal imports to Mongolia have greatly increased, and Jiayou Intern
Guoxin Securities released a research report on April 26 stating that it gave Jiayou International (603871.SH) a purchase rating. The main reasons for the rating include: 1) China's coking coal imports to Mongolia have greatly increased, and Jiayou International's coal supply chain business has fully benefited; 2) the core competitiveness of the China-Mongolia business continues to improve; 3) the African business is on the right track, and the Central Asian market continues to expand and replicate the business model. (Mainichi Keizai Shimbun)
MONGOL MINING (00975.HK) issued a total of 562,500 shares as a result of the exercise of share options
MONGOL MINING (00975.HK) issued an announcement to issue a total of 562,500 shares on April 25, 2024 to exercise share options in accordance with the share option plan adopted by the company on June 16, 2021.
A quick overview of the Hong Kong market | The Hang Seng Index and China Index rose slightly, domestic housing stocks and coal stocks strengthened, Agile Group rose more than 9%, and South Gobi rose nearly 13%
The trend of science and network stocks was divided. Bilibili rose nearly 2% and Meituan fell nearly 2%; non-ferrous metals stocks generally rose; China Aluminum rose nearly 6%, and China Hongqiao rose nearly 4%.
Changes in Hong Kong stocks | Mongolian coking coal (00975.HK) rose more than 7% in the second round, boosted market sentiment and coking coal demand expectations increased
Mongolian coking coal (00975.HK) rose more than 7%. As of press release, it rose 7.74% to HK$10.02, with a turnover of HK$29.933 million.
Debon Securities: 24Q1 coal industry fund holdings increased slightly month-on-month, low allocations expanded month-on-month
In Q1 2024, the coal industry had excellent market performance, outperforming the Shanghai Composite Index by a large margin. It had both excess and absolute returns, and ranked third in the growth rate of Shenwan's Tier 1 industry.
The fund manager who added coal was embarrassed! The first quarter results of many coal stocks experienced “Waterloo”
On the one hand, stock prices are rising and institutions are optimistic; on the other hand, performance is declining and coal prices are falling. Can coal stocks still be used as a starting point?
MONGOL MINING (00975.HK): Total raw coal mining volume of UHG and BN mines increased 16% month-on-month in the first quarter
Gelonghui, April 22 | MONGOL MINING (00975.HK) announced that for the quarter ended March 31, 2024, the total raw coal mining volume of the Group's UHG and BN mines was 3,563.7 thousand tons. Compared with the period ended March 31, 2023 and the quarter ended 31 December 2023, a year-on-year decrease of 8% and a 16% month-on-month increase, respectively. The Group processed a total of 3,694.6 thousand tons of coking coal raw coal to produce 2,161.7 thousand tons of washed coking coal products. Compared with the period ended March 31, 2024, the year-on-year increase of 47
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