Express News | Xiangcai Securities: China Shenhua Energy's high dividends and high yields highlight investment value, maintaining a "Shareholding" rating.

BreakingsFeb 7 14:48

Research Reports Gold Digging | Xiangcai Securities: China Shenhua Energy's high dividends and high yields highlight investment value, maintaining a "Shareholding" rating.

According to the research report by Xiangcai Securities, China Shenhua Energy (601088.SH) is expected to see a year-on-year decline of 4.5% to a growth of 0.5% in net income attributable to shareholders in 2024. The company has a high proportion of long-term coal contracts, which provides strong stability in coal profitability, allowing the company's performance to remain stable in 2024. Additionally, the company is continuously advancing new production capacity and has acquired Hangjin Energy, which enhances its energy supply guarantee ability and collaborative operation level in the eastern Mongolia region, thereby consolidating the company's integrated core competitiveness and long-term profitability. Furthermore, the dividends for the company in 2025-2027 are expected to further increase, reaching 60% of the net income attributable to shareholders for the years 2022-2024.

Gelonghui FinanceFeb 7 14:47 · Ratings

Hong Kong Shares Edge Lower, Tracking U.S. Futures -- Market Talk

WSJFeb 7 09:40

Express News | In the year, 24 individual stocks received upgraded ratings from Institutions.

BreakingsFeb 6 03:18

China Shenhua Energy (601088): Stable performance & expected dividends, investment value highlighted.

Key points: On the event, China Shenhua Energy announced its 2024 performance forecast, estimating that the company's net income attributable to shareholders will decrease by 4.5% to an increase of 0.5% year-on-year; the net income attributable to shareholders after deducting non-recurring gains and losses is expected to decrease by 7.0% to 2.2%.

Xiangcai SecuritiesFeb 6 00:00

[Brokerage Focus] CITIC SEC suggests that the short-term performance of the Coal Sector may have potential after the holiday.

Jingu Financial News | A Research Report from CITIC SEC indicates that reviewing the data performance in the month following the Spring Festival over the years, coal prices exhibit short-term low volatility characteristics, and most years show positive returns in this Sector; however, excess returns are only reflected in 1 to 2 weeks. This year, before and after the Spring Festival, there are no unexpectedly negative factors overseas, and the fundamentals of Thermal Coal are likely to follow the rhythm of previous years; coking coal prices have seen significant adjustments before the festival, and it is expected that post-festival, there will be certain support from potential macro drivers in the black Industry Chain. With this expectation, along with policy support for long-term capital entering the market and strengthened market cap management of central state-owned enterprises, the leading stocks in the Coal Sector still maintain attractiveness.

Jinwu Financial NewsFeb 5 08:59