Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.

Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;

Futu NewsJan 8 16:23

Hong Kong stocks are moving differently | Coal prices are falling across the board. The Coal Sales Association indicates that coking coal production will enter a phase of supply contraction.

On January 8, according to Gelonghui, Hong Kong's coal stocks showed weak performance across the board. Among them, China Shenhua Energy fell over 3%, YANKUANG ENERGY and CHINA QINFA dropped by 3%, Mongolian coking coal, KINETIC DEV, and Shougang Energy fell by more than 2%, while YANCOAL AUS dropped by 1%. According to news from the China Coal Transportation and Marketing Association, the coking coal market operating monitoring bulletin states that after entering 2025, there has been no noticeable improvement in the Coal and Steel Industry Chain's running, and the confidence in the market remains generally lacking for the future. Procurement of raw materials is being approached with caution, and the willingness for resource winter storage is not as strong as in previous years, leading to increased competition between upstream and downstream markets, putting significant pressure on weak varieties. Looking at the supply and demand situation for coking coal, in the context of enhanced safety supervision,

Gelonghui FinanceJan 8 10:39

High-dividend Coal Industrial Concept(coal Industry) stocks will be the "stable happiness" in 2024. The trend of Thermal Coal next year may fluctuate in a narrow range | 2025 outlook.

① The Coal Sector is expected to perform brilliantly in 2024, humorously referred to as the "most profitable track in A-shares"; ② Industry insiders anticipate that Thermal Coal prices will fluctuate within the Range next year.

cls.cnDec 31, 2024 23:25

The comprehensive list of preferred stocks for Hong Kong stocks by Brokerage (Bank of China International, China International Capital Corporation).

In early December, China International released a strategy report for Hong Kong stocks for next year, listing recommended stocks: Tencent (00700.HK), CCB (00939.HK), ABC (01288.HK), ICBC (01398.HK), China Mobile (00941.HK), China Merchants Bank (03968.HK), China Shenhua Energy (01088.HK), PetroChina (00857.HK), China Overseas (00688.HK), China Telecom (00728.HK), Meituan (03690.HK), Xiaomi (01810.HK), and PDD Holdings (PDD.US)...

AASTOCKSDec 31, 2024 13:21

Hong Kong stocks are moving | Most coal industry stocks are rising, China Shenhua Energy (01088) is up over 3%, China Coal Energy (01898) is up over 2%.

Most coal stocks have risen. As of the time of writing, China Shenhua Energy (01088) has increased by 3.37%, trading at HK$33.7; China Coal Energy (01898) has risen by 2.32%, trading at HK$9.25; YANKUANG ENERGY (01171) has increased by 1.82%, trading at HK$8.95.

Zhitong FinanceDec 31, 2024 10:32

Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;

Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;

Futu NewsDec 20, 2024 16:23