A-Share Market Close | Shanghai Composite Rises 0.57% to Hit a Multi-Stage High, Led by Gains in Coal, Electronics, and Specialty Gases
On August 6, the three major A-share indices moved mixed, overall opening lower, rebounding upward during the session, and then retreating in a volatile pattern.
Zhongtai Securities: Stronger coal price momentum emerges as peak-season demand drives inventory drawdown
From a trading perspective, due to the excessive concentration of fund holdings in Q2 2026 and the pullback in high-beta sectors, dividend-focused strategies have once again attracted investor interest, with the coal sector continuing to offer strong appeal through its high dividend yields and low valuations.
A-Share Market Close: Declines on Lower Volume! ChiNext Index Falls 3.23%; Precious Metals and Power Sectors Rise Against the Trend
On July 22, major A-share indices declined in the afternoon session. By market close, the Shanghai Composite Index rose 0.07%, the Shenzhen Component Index fell 1.42%, the ChiNext Price Index dropped 3.23%, and the STAR 50 Index declined 2.26%. Total trading volume across the three markets reached RMB 2.6688 trillion, with more than 3,800 stocks ending lower. In market highlights, gold prices rebounded above the USD 4,100 mark, driving gains across gold and nonferrous metals sectors, with Shandong Gold International and Zhaojin Mining both hitting their daily trading limits. Brent crude oil surpassed USD 92 per barrel, boosting the oil and gas exploration and services sector, as Zhongman Petroleum reached its daily limit. Power, coal, and baijiu (Chinese liquor) sectors also ranked among the top gainers. Conversely, the PET copper foil sector continued to decline, with Tongguan Copper...
Express News | The coal sector surged, with Dayou Energy hitting the daily trading limit.
The coal sector surged, with Dayou Energy and Xin Dazhou A hitting the daily trading limit, while Zhengzhou Coal Industry & Electric Power, Haohua Energy, Lu'an Environmental Energy, and Yankuang Energy saw sharp gains. On the news front, China’s industrial output of raw coal from designated-size enterprises totaled 380 million metric tons in June, down 9.7% year-on-year—the steepest monthly decline in nearly a decade. Although coal imports rose by 29.5% year-on-year, total coal supply still contracted by 5.7% year-on-year. Due to the supply-demand gap, the average monthly price of thermal coal at northern ports climbed to RMB 855.52 per metric ton, up 39.93% year-on-year and 2.14% month-on-month.
Coal stocks on the A-share market declined collectively, with Zhengzhou Coal & Power and Lu'an Environmental Energy falling more than 3%.
Gelonghui, July 13 | Coal stocks in the A-share market declined collectively, with Jiangwu Equipment and Xin Dazhou A dropping more than 7%, Yunwei Shares falling over 6%, Dayou Energy down over 5%, Baotailong and Meijin Energy declining more than 4%, and Yunnan Coal Energy, Meiteng Technology, Liaoning Energy, Shaanxi Heimao, Zhengzhou Coal & Power, and Lu'an Environmental Energy all falling over 3%.
A-Share Market Movement | Coal stocks rise; Jinkong Coal Industry hits upper trading limit, with institutions optimistic about H1 earnings elasticity
Gelonghui, July 8 | Coal stocks in the A-share market rose broadly, with Jinkong Coal Industry hitting the 10% daily trading limit, Lu'an Environmental Energy rising nearly 5%, Xin Dazhou A gaining over 3%, and Shaanxi Coal Industry up almost 3%. According to market news, CITIC Securities forecasts that, among the tracked sample coal-listed companies, average net profit in Q2 2026 will rise by approximately 31% quarter-over-quarter, and increase by about 19% year-over-year for the first half of 2026. Coking coal and anthracite producers are expected to show stronger earnings growth elasticity. Although coal prices have softened slightly in the short term, analysts remain optimistic about price appreciation driven by seasonal demand factors. Against a backdrop of constrained supply, the supply-demand balance is expected to further improve in Q3, benefiting coal
Express News | Coal stocks rebounded amid volatility, with Jinkong Coal Industry hitting the daily trading limit.
In early trading, coal stocks rebounded amid volatility, with Jinkong Coal Industry hitting the daily trading limit, followed by gains in Lu'an Environmental Energy, Shanxi Coal International, Yankuang Energy, and Shaanxi Coal Industry. According to Shanxi Securities, routine domestic coal mine safety rectifications are set to be fully implemented by 2026. Core production regions in Shanxi and Shaanxi continue to undergo maintenance-related output restrictions. Raw coal output in Shanxi from January to May declined year-on-year, resulting in limited supply elasticity for the full year, which provides solid downside support for coal prices.
Lu'an Environmental Energy (601699.SH) 2025 Annual Dividend Distribution: RMB 0.187 per share
Gelonghui, June 22 — Lu'an Environmental Energy (SHA: 601699) announced its 2025 annual profit distribution implementation notice. The dividend distribution is based on the company's total share capital of 2,991,409,200 shares prior to the implementation of the plan, with a cash dividend of RMB 0.187 per share (tax inclusive), amounting to a total cash dividend of RMB 559,393,520.40. The record date for this equity distribution is June 29, 2026, and the ex-dividend date is June 30, 2026.
Lu'an Environmental Energy Development Names Chairman, CFO
Shanxi Lu'an Environmental Energy Development (SHA:601699) appointed Mao Yonghong chairman, according to a Shanghai bourse filing on Thursday.Mao was a general manager of the company.Moreover, the
Lu'an Environmental Energy (601699.SH): Its subsidiary's Yaojiashan Coal Mine project has been approved by the National Energy Administration.
Gelonghui, June 17 — Lu'an Environmental Energy (SHA: 601699) announced that its subsidiary, Lu'an Yuanfeng, has received the "Reply on the Approval of the Yaojiashan Coal Mine Project in the Liliu Mining Area, Shanxi Province" issued by the National Energy Administration, granting approval for the construction of the Yaojiashan coal mine project in the Liliu mining area. The Yaojiashan coal mine will have a production capacity of 3 million tonnes per year, accompanied by a coal preparation plant of equivalent capacity. The mine’s industrial site is located in the northwestern part of the mining area and will employ vertical shaft development with a central parallel ventilation system. At the time of commissioning, the mine will operate one fully-mechanized longwall top-coal caving face. Underground coal transportation will utilize belt conveyors, while auxiliary transport will be conducted using battery-powered locomotives and rack-and-pinion track-guided vehicles.
Lu'an Environmental Energy Development's Coal Sales Jumps 2.5% in May
Shanxi Lu'an Environmental Energy Development (SHA:601699) sold 4.2 million tons of commercial coal in May, jumping 2.5% from 4.1 million tons a year earlier, according to a Shanghai bourse filing
Express News | Coal sector weakens amid volatility; Dayou Energy hits lower limit for second consecutive day
The coal sector weakened against the broader market trend in early trading, with Dayou Energy hitting the daily down limit for two consecutive days. Shares of Haohua Energy, Jinkong Coal Industry, Xinji Energy, Yankuang Energy, and Lu’an Environmental Energy all fell by more than 5%.
Lu'an Huaneng (601699): A leading player in pulverized coal injection in Shanxi, with industry‑wide earnings elasticity that leads the cycle.
Shanxi is the leading producer of pulverized coal injection (PCI) in China, with industry‑wide earnings elasticity that leads the sector. We maintain a "Buy" rating. The company has consistently held the top market share in the PCI segment for many years and is the only national high‑tech enterprise in the industry to benefit from a preferential corporate income tax rate of 15%.
Express News | The coal sector remained repeatedly active, with Antai Group surging toward its daily trading limit.
The coal sector remained repeatedly active, with Antai Group surging toward its daily trading limit. Earlier, Dayou Energy reached its daily trading limit, followed by gains in Pingmei Shares, Yankuang Energy, Shaanxi Coal Industry, and Shanxi Coking Coal. On the news front, coking coal prices rose by more than 4%. In late May, widespread mine shutdowns for safety inspections drove both futures and spot prices of coking coal higher simultaneously.
Express News | The coal sector gained momentum in the afternoon, with Jinkong Coal Industry approaching its daily trading limit.
The coal sector gained momentum in the afternoon, with Jinkong Coal Industry approaching its daily trading limit. Zhengzhou Coal & Power, Lu'an Environmental Energy, Haohua Energy, Baotailong, and Yankuang Energy followed with gains. On the news front, coking coal prices in the Hancheng market rose by RMB 50 per ton on June 3. Most nearby and deferred coking coal futures contracts on the Dalian Commodity Exchange closed higher, with the main contract (2609) settling at RMB 1,362.5 per ton on June 2, up RMB 22 per ton from the previous session.
Express News | The coal sector remained active, with Dayou Energy and Zhengzhou Coal & Power both achieving two consecutive daily trading limits.
The coal sector maintained its strong performance, with Dayou Energy and Zhengzhou Coal & Power both hitting two consecutive daily trading limits, while Yunnan Coal & Energy and Lu'an Environmental Energy followed with gains. According to statistics from the China Electricity Council, power generation and coal consumption at thermal power plants rose slightly week-on-week during the period of May 22–28. Power plants have been steadily replenishing inventories ahead of the summer peak demand season and increasing procurement under long-term contracts, resulting in the highest level of coal receipts at power plants in recent years for the same period.
Luanan Huaneng (601699) Commentary: At the start of 2026, both volume and prices are rising; investors are patiently awaiting the rebound in coal prices to unlock upside potential.
Investment Highlights: On May 16, the company announced its key operational data for April 2026. In April alone, raw coal production reached 4.99 million tonnes, up 0.81% year over year; cumulative production from January to April totaled 19.31 million tonnes, compared with…
Express News | The coal sector continued to rise, with Xinji Energy hitting the daily trading limit.
The coal sector continued to rise, with Xinji Energy hitting the daily trading limit. Previously, Dayou Energy, Zhengzhou Coal Industry & Electric Power, Haohua Energy, Jinkong Coal Industry, and Lu'an Environmental Energy all reached their daily trading limits, while Shanxi Coal International, Shanxi Coking Coal, Pingmei Co., Ltd., and China Shenhua followed with gains. On the news front, the benchmark coking coal futures contract on the Dalian Commodity Exchange hit the daily trading limit at RMB 1,387.5 per ton, up 7.98%.
Express News | Midday Market Review: ChiNext Index Drops Nearly 1% in Morning Session; AI Application and Coal Sectors Surge
Markets opened higher but retreated during the morning session, with the ChiNext Index falling nearly 1% after earlier rising more than 1%. The yellow-and-white line divergence was pronounced, with small- and mid-cap stocks outperforming. Combined trading volume on the Shanghai and Shenzhen exchanges reached RMB 1.96 trillion in the first half of the day, down RMB 161.7 billion from the previous trading day. Market hotspots rotated rapidly, with over 3,800 stocks advancing across the market. In sector performance, AI application-related stocks surged: TiandizaiXian posted its third consecutive daily limit-up, Zhangyue Technology hit a second limit-up in four days, and Visual China Group, Shuiyou Shares, and Jiuchi Software all closed at their daily trading limits. The coal sector strengthened notably, with Dayou Energy, Zhengzhou Coal Industry & Electric Power, Haohua Energy, Jinkong Coal Industry, and Lu’an Environmental Energy all hitting daily limit-ups. Natural gas stocks saw intraday volatility and rallied sharply, with Guoxin New Energy closing at its daily trading limit. On the downside, CPO-related stocks continued weakening throughout the session, with Dongshan Precision touching its daily trading limit-down, while Changyingtong and Changguang Huaxin also declined significantly. As of the midday close, the Shanghai Composite Index fell 0.12%, the Shenzhen Component Index dropped 0.6%, and the ChiNext Index declined 0.9%.
Express News | The coal sector performed actively, with Haohua Energy approaching its daily trading limit.
The coal sector performed actively, with Haohua Energy approaching its daily trading limit, followed by Lu'an Environmental Energy, Jinneng Coal Industry, Yankuang Energy, and Meijin Energy. According to data released by the National Bureau of Statistics on the 24th, national coal prices continued to rise in mid-May. Specifically, anthracite coal was priced at RMB 984.3 per ton, up 3.0% from the previous period.