YZCAY YANZHOU COAL MININ
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- -1.868-7.47%
YANZHOU COAL MININ News
Express News | CICC: In the medium to long term, the opportunities outweigh the risks in the medium to long term, and may still be dominated by structural opportunities in the short term
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.
Overview of the Hong Kong market | Science index rose slightly by 0.57%; domestic housing stocks and coal stocks fell, Agile fell nearly 13%, and Yankuang Energy fell more than 7%
Many shares of TechNet rose; Bilibili rose nearly 5%, and Xiaomi rose more than 3%; auto stocks rose one after another; Great Wall Motor rose more than 7%, and Zero Sports Auto rose nearly 7%.
Hong Kong Stock Afternoon Review | Tech Index rose nearly 1%, TechNet stocks and biotech stocks rose higher, Bilibili rose more than 6%, and Laikai Pharmaceuticals rose more than 12%
Auto stocks rose more than 6%; Great Wall Motor rose more than 6%; NIO and Zero Sports Auto rose more than 5%; many coal stocks fell sharply, Yankuang Energy fell more than 6%, and Shougang resources fell nearly 6%.
Yankuang Energy: The company's accounting firm has changed
Yankuang Energy Group Co., Ltd. announced that in 2022, Xinyong Zhonghe issued a standard unqualified audit report on the company. After completing the company's 2023 audit work in accordance with the contract, Xinyong Zhonghe will provide A-share audit services for the company for 15 consecutive years. On March 28, 2024, the 6th meeting of the 9th board of directors of the company deliberated and passed the “Proposal on Appointment of 2024 External Auditors and Remuneration Arrangements”. Tianji International and Tianshi Hong Kong were appointed as the company's 2024 A share and H share accounting firms respectively. The term of office will commence from the end of the 2023 Annual General Meeting of Shareholders until
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.
May 13 Repurchase Collection | HSBC Holdings, Hang Seng Bank, etc. bought back one after another, of which HSBC Holdings spent HK$217 million
According to HKEx disclosure documents on May 14, $HSBC Holdings (00005.HK) $ and $Hang Seng Bank (00011.HK) $ repurchased shares. ① $HSBC Holdings (00005.HK) $ repurchased 3.1976 million common shares on May 10, involving an amount of HK$217 million. The repurchase price per share ranged from HK$68.15 to HK$67.8. ② $Hang Seng Bank (00011.HK) $ repurchased 300,000 common shares on May 13, involving an amount of HK$32.698,700. The repurchase price per share ranged from HK$109.4 to HK$10
Express News | GF Securities: Coal prices continue to rise, supply and demand are improving steadily, and valuation flexibility can be expected
Yankuang Energy (01171.HK) cancelled 1.4012 million A-restricted shares on May 13
Yankuang Energy (01171.HK) issued an announcement to repurchase and cancel 1.4012 million A-shares restricted shares granted under the 2021 A-share Restricted Stock Incentive Plan on May 13, 2024.
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.
Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares
① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.
Hong Kong stocks with high interest rates are going crazy again
One child fell, full of life
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.
The benefits are frequent! Hong Kong stocks with high dividend stocks have collectively exploded. What do you think of the subsequent market?
CICC believes that if the Hong Kong Stock Connect dividend tax relief is implemented, it is expected to further boost the enthusiasm of mainland investors to invest in Hong Kong stocks, especially in high-dividend-related sectors, boost sentiment in the short term, and help improve the liquidity of the Hong Kong stock market in the long term.
Hong Kong Stock Afternoon Review | The Hang Seng Index and China Index rose nearly 2%; domestic housing stocks and insurance stocks rose sharply, Shimao Group rose more than 58%, and China Taibao rose more than 8%
Technology Network stocks had mixed ups and downs. Kuaishou fell nearly 3%, and Ali rose more than 1%; bank stocks generally rose, and CCB and Agricultural Bank rose more than 6%.
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.
Changes in Hong Kong stocks | Coal stocks rose higher in early trading, China's Shenhua (01088) rose more than 4%, and the investment value of leading coal companies continued to rise, highlighting the investment value of leading coal companies
The Zhitong Finance App learned that coal stocks rose in early trading. China Shenhua (01088) rose 4.36% to HK$35.9; Yankuang Energy (01171) rose 3.73% to HK$19.48; and China Coal Energy (01898) rose 3.55% to HK$8.76. According to the news, it was recently reported that domestic regulators are considering reducing the 20% income tax that mainland individual investors need to pay when receiving dividends when investing in Hong Kong listed companies through Hong Kong Stock Connect. CICC believes that if the Hong Kong Stock Connect dividend tax exemption is implemented, it is expected to further boost mainland investors's interest in Hong Kong stocks, particularly
Hong Kong stocks and coal stocks strengthened
Gelonghui, May 10 | Yankuang Energy rose more than 4%, China Shenhua and China Coal Energy both rose nearly 4%, and Power Development increased nearly 5%.
The energy sector of Hong Kong stocks boosted; CNOOC and Yankuang Energy rose more than 3%, while China Coal Energy and CNPC shares rose more than 2%.
The energy sector of Hong Kong stocks boosted; CNOOC and Yankuang Energy rose more than 3%, while China Coal Energy and CNPC shares rose more than 2%.
Big Bank Rating | UBS: Yankuang Energy's “neutral” rating downgraded annual profit estimates for 2024-26
Glonghui, May 8 | UBS published a research report showing that Yankuang Energy's profit after tax in the first quarter decreased by 41.85% year-on-year to about 3.757 billion yuan. Coal prices remained high during the period, and the company's profit reached only 18.5% of the market's annual forecast. The report mentioned that the Group's average sales price for self-mining in the first quarter was 676 yuan per ton, which meant a decrease of 11.4% from quarter to quarter. The bank believes that the larger decrease in average sales price than expected was mainly due to changes in the group's product structure during the period. The bank lowered the Group's annual earnings estimates from 2024 to 26 by 15%, 12%, and 10%, to reach 16.741 billion and 15 respectively
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