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China Shenhua Energy (01088.HK): Coal sales volume from January to May reached 190.5 million tons, a year-on-year increase of 5.3%.
China Shenhua Energy (01088.HK) announced that in May 2024, the output of coal commodities was 27.4 million tons, an increase of 1.9% year-on-year; coal sales volume was 36.4 million tons. From January to May 2024, the output of coal commodities was 136.2 million tons, a year-on-year increase of 2.3%; coal sales volume was 190.5 million tons, a year-on-year increase of 5.3%.
Huafu Securities: Demand for thermal coal is improving steadily, with a mixed trend in coke stability. Running smoothly.
Currently, the trend of coal production is gradually developing towards stability. Policies emphasize mine safety production, and the safety supervision situation is becoming stricter, with an expected increase in coal supply contraction.
Beishui bought over 400 million Hong Kong dollars worth of Tencent and sold over 200 million Hong Kong dollars worth of Brilliance China; Nanshui sold nearly 1.1 billion yuan worth of Kweichow Moutai.
On June 17 (Monday), southbound funds today net bought 3.78 billion Hong Kong dollars of Hong Kong stocks, and Bank of China and CNOOC received net purchases of 343 million Hong Kong dollars and 285 million Hong Kong dollars, respectively.
China Shenhua Energy's Coal Production, Power Generation Rise in May; Shares Fall 3%
China Shenhua Energy's (HKG:1088, SHA:601088) commercial coal production grew 1.9% to 27.4 million tonnes in May from 26.9 million tonnes in the year-ago period, while sales slid 0.8% to 36.4 million
Selected Announcement: From January to May, Metallurgical Corporation of China signed new overseas contracts totaling more than double the amount of the same period last year; Vanke applied for a loan of 4.1 billion yuan from Postal Savings Bank of China.
China Shenhua Energy: coal sales volume in the first five months was 190.5 million tons, a year-on-year increase of 5.3%. Simcere Pharma's board of directors has resolved to exercise the repurchase authorization to repurchase shares on the open market in a total amount not exceeding 500 million yuan.
China Shenhua Energy (01088.HK) saw a slight decrease of 0.8% in coal sales in May, while electricity sales increased by 4.4%.
China Shenhua Energy (01088.HK) announced that in May, the commodity coal production was 27.4 million tons, up 1.9% year-on-year; coal sales were 36.4 million tons, down slightly by 0.8% year-on-year. In the first five months of this year, the cumulative production of commodity coal was 136 million tons, an increase of 2.3%; coal sales volume was 191 million tons, an increase of 5.3%. Within the month, both power generation and sales increased by 4.4%. In the first five months, the cumulative total power generation and total sales volume increased by 6.8% and 6.9%, respectively.
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