Express News | Information from HKEX shows that Ruizhong Life Insurance Co., Ltd. increased its stake in China Shenhua Energy from 4.97% to 5.00% on March 20, with an average share price of 31.9153 HKD.
China Shenhua Energy (01088.HK) received an increase in shareholding of 1 million shares listed in Hong Kong from Ruizhong Life Insurance Co., Ltd., valued at approximately 31.9153 million Hong Kong dollars.
On March 25, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 25, Swiss Re Life Insurance Company Limited increased its shareholding by 1 million shares of China Shenhua Energy (01088.HK) at an average price of HKD 31.9153 per share on March 20, worth approximately HKD 31.9153 million. After the increase, the latest number of shares held by Swiss Re Life Insurance Company Limited is 0.169 billion shares, and the shareholding ratio has risen from 4.97% to 5.00%. Image source: Stock disclosure from the Stock Exchange. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of shares).
China Shenhua Energy's Chairman Steps Down
CICC: Raises China Shenhua Energy's Target Price to HKD 36, maintains "outperform industry" rating.
China International Capital Corporation released a research report stating that it has raised the Target Price for China Shenhua Energy (01088, 601088.SH) H shares by 43% to 36 Hong Kong dollars, and also raised the Target Price for A shares by 29%, both maintaining an "outperform the Industry" rating. The report indicated that the company’s net profit attributable to parent for H shares in 2024 will be 62.4 billion yuan, a decrease of 3.4% year-on-year. The performance exceeded market expectations, mainly due to the company’s enhancements in efficiency and cost control, as well as a reduction in losses year-on-year. The company plans to distribute a year-end dividend of 2.26 yuan per share (tax included) for 202, corresponding to a payout ratio of 76.5%, with the dividend amount remaining the same as last year, outperforming market expectations. Considering that
In "Da Xing", CICC raises the Target Price of Shenhua (01088.HK) to 36 yuan. Last year's performance was better than expected.
CITIC published a report indicating that China Shenhua Energy (01088.HK) performed better than expected last year. As for this year, the company plans to invest 41.793 billion yuan in capital expenditures. The firm is Bullish on the company's long-term growth potential, and with last year's dividend payout ratio at 76.5%, it believes the company is likely to maintain a relatively stable dividend, committing to a payout ratio of no less than 65% from this year to 2027. The firm has introduced its earnings per share forecasts for the company's next two years, projected at 2.85 yuan and 2.84 yuan respectively, Bullish on the improvement of the company's valuation, raising the Target Price for H shares by 43% to 36 yuan, maintaining the rating of 'Outperform Industry.'
CICC: Raises the Target Price of China Shenhua Energy (01088) to 36 HKD, maintaining the "Outperform Industry" rating.
CICC is Bullish on the company's integrated advantages in the Coal Industry Chain, which are expected to be further consolidated.
Hong Kong stock Concept tracking | Coal prices may have fully accounted for pessimistic expectations. Institutions are bullish on the positive trend in April (including Concept stocks).
GTJA Securities Research expects that both coal prices and demand will reach a mid-term bottom in March. In April, as imported coal volumes decline and non-electric coal demand rises, the fundamentals are expected to enter an upward trajectory.
Express News | The Coal Sector experiences a volatile rebound, with Henan Dayou Energy hitting six limit-ups in twelve days.
Analysts Have Conflicting Sentiments on These Energy Companies: China Shenhua Energy Co (OtherCUAEF) and Riley Exploration Permian (REPX)
The Chairman of China Shenhua Energy (01088.HK) has resigned.
China Shenhua Energy (01088.HK) announced that Mr. Lyu Zhiren has resigned from his positions as Chairman and Executive Director due to retirement, with his roles as Chairman and member of the Board of Directors' Strategy and Investment Committee, member of the Nomination Committee, and member of the Remuneration and Assessment Committee effective immediately. Mr. Lyu confirmed that there are no disagreements with the Board of Directors.
China Shenhua Energy Updates Board Committee Positions
China Shenhua Energy (01088): Lü Zhiren resigns as Chairman and Executive Director.
China Shenhua Energy (01088) announced that the Board of Directors received a document submitted by Mr. Lv Zhiyuan on March 24, 2025...
CHINA SHENHUA ENERGY(601088):EARNINGS STABLE AND RESILIENT; DIVIDENDS SUSTAINED
China Shenhua Energy (601088): Integrated strategy solidifies profit foundation, Industry leader demonstrates long-term value.
Event: On March 21, 2025, China Shenhua Energy released its annual report, stating that in 2024 the company achieved revenue of 338.375 billion yuan, a year-on-year decrease of 1.37%, and realized a net income attributable to shareholders of 58.671 billion yuan.
China Shenhua Energy (601088): Stable profits, continuous dividends, crossing the cycle.
The company's performance in 2024 exceeded market expectations. It announced a 2024 performance report: A-share net profit attributable to shareholders of 58.7 billion yuan, down 1.7% year-on-year, and net profit attributable to shareholders excluding non-recurring items of 60.1 billion yuan, down 4.4% year-on-year. Listed in Hong Kong net profit attributable to shareholders is 624.
Express News | GTJA: China Shenhua Energy's Q4 performance continues to lead the entire Industry, maintaining a "Shareholding" rating.
Research Reports on Investment Opportunities丨GTJA: China Shenhua Energy's Q4 performance continues to lead the entire Industry, maintaining a 'Shareholding' rating.
The GTJA Research Reports pointed out that China Shenhua Energy (601088.SH) is expected to have a Net income of 58.671 billion yuan in 2024, a 1.7% decrease year-on-year; the Net income for Q4 is 12.597 billion yuan, up 10.26% year-on-year, exceeding market expectations. Coal production remains stable with an upward trend, and the acquisition of Hangjin Energy enhances long-term growth potential. Power generation is expected to slightly decline year-on-year in 2024, with performance in 2025 possibly better than market pessimistic expectations. It is believed that the long-term electricity prices for coal-fired power in 2025 will largely be established, with significant declines in Jiangsu and Guangzhou, while other regions across the country are expected to fare better than market forecasts.
Hong Kong stocks move | The increase in Coal Industrial Concept(coal Industry) stocks has expanded in the afternoon. Institutions state that the Industry's fundamentals are expected to enter an upward trajectory and the Bearish factors will gradually weak
The Coal Industrial Concept's gains expanded in the afternoon. As of the time of writing, CHINA QINFA (00866) rose by 5.68%, priced at 0.93 HKD; China Shenhua Energy (01088) increased by 3.03%, priced at 32.3 HKD; China Coal Energy (01898) climbed by 0.74%, priced at 8.18 HKD.
Huafu Securities: Coal prices are bottoming out, combined with China Shenhua Energy (601088.SH) increasing dividends, the Sector's outlook is more optimistic.
After the festival, the resumption of coal production has accelerated, supply has increased rapidly, heating demand is gradually declining, and the recovery progress outside of electricity is generally slow. During the off-peak season, coal prices have continued to adjust but have already entered the bottom area.
China Shenhua Energy's 2024 Attributable Profit Slides 3%