BOCOM INTL: The fundamentals of Hong Kong stocks expect continued policy support. Attention can be given to the Energy, Utilities, and Telecommunications Sectors.
BOCOM INTL released a report stating that Hong Kong stocks achieved a V-shaped rebound in the past week, with the Hang Seng TECH Index leading the major global stock indices, primarily benefiting from valuation recovery brought about by positive overseas factors. At the same time, the Governor of the People's Bank of China, Pan Gongsheng, recently mentioned that there will be a significant increase in the national foreign exchange reserve's asset allocation ratio in Hong Kong, which is expected to potentially enhance the liquidity of Hong Kong stocks and boost market sentiment. Looking ahead, overseas factors are expected to improve further, but the room for growth is limited, so attention must still be paid to the improvements in the fundamentals: this bank indicated that the uncertainty surrounding U.S. President Trump's policies may lead to improved sentiment. As these policies gradually enter the verification stage, this bank believes that further exceeding expectations is possible.
China Coal Energy (601898.SH): The company's annual capital expenditure is expected to be between 12-16 billion yuan in the coming years.
According to the investor relations activity record disclosed by China Coal Energy (601898.SH) on January 21, based on the demand for ongoing and planned projects and existing capital expenditures, the company expects its annual capital expenditure scale in the coming years to be between 12-16 billion yuan.
China Coal Energy (601898.SH): It is expected that the volume of medium to long-term contracts will remain generally stable compared to the previous year.
On January 21, Gelonghui reported that China Coal Energy (601898.SH) disclosed the investor relations activity record. According to the requirements for the signing and performance of medium and long-term contracts for thermal coal set by the country for 2025, coal companies are generally required to sign medium and long-term contracts for 75% of their own resource volume, with an annual performance rate of no less than 90%. The company will strictly sign and perform according to the relevant requirements and has basically completed the signing of annual contracts. It is expected that the volume of medium and long-term contracts will remain stable compared to the previous year.
Express News | China Coal Energy has increased its investment to 10 billion.
Hong Kong stocks fluctuated | Most Coal Industrial Concept(coal Industry) stocks fell, MONGOLIA ENERGY (00276) dropped over 3%, suppressed by weak demand and high inventory affecting coal prices.
Most coal industry stocks declined. As of the time of reporting, MONGOLIA ENERGY (00276) fell by 3.39%, trading at 0.57 Hong Kong dollars; China Coal Energy (01898) dropped by 2.88%, trading at 8.77 Hong Kong dollars; China Shenhua Energy (01088) decreased by 1.93%, trading at 30.55 Hong Kong dollars.
Everbright Securities: Coking coal prices have bottomed out and rebounded, focusing on the investment value of undervalued coking coal stocks.
Everbright stated that after experiencing a downward resonance in coking coal prices and stock prices, the PB of some coking coal enterprises has now fallen below 1.0 times, making them currently possess a cost-effectiveness suitable for allocation.
The State-owned Assets Supervision and Administration Commission makes an important statement! It concerns the Market Cap management and restructuring of central enterprises.
Latest deployment.
Express News | The State-owned Assets Supervision and Administration Commission of the State Council: Continuously improve and strengthen Market Cap management, and optimize the management of state-owned equity in listed companies.
Express News | The State-owned Assets Supervision and Administration Commission of the State Council: By 2025, continuously improve the quality of centrally-owned listed companies, and promote the strengthening, optimization, and expansion of state-owned capital and sta
Express News | Ping An Securities: Resumed tracking of China Coal Energy A-shares, rating buy.
According to the Caixin Venture Capital Report: In December 2024, financing in the Carbon Neutrality sector reached 32.404 billion yuan, an increase of over ten times month-on-month, with the photovoltaic sector being the most active.
According to data from CaiLianShe Venture Capital, there were 96 private equity investment and financing events in the domestic Carbon Neutrality sector in December, an increase of 43.28% from 67 events last month; The total disclosed financing amount is approximately 32.404 billion yuan, an increase of 1091.77% from 2.719 billion yuan last month.
CITIC SEC Coal 2024 performance outlook: The decline is in line with expectations, time to allocate for dividend leaders at low points.
In 2024, the prices of various coal types continued to decline, with an average decrease of 14%, and anthracite coal saw the largest price drop.
China Coal Energy Co., Ltd. announced the main production and operation data for December 2024
China Coal Energy (01898.HK) reported a 2.5% increase in annual Commodity coal production, while sales slightly decreased by 0.1%.
China Coal Energy (01898.HK) announced that in December, the Commodity coal production was 11.86 million tons, an increase of 9.7% year-on-year; the Commodity coal sales reached 28.37 million tons, an increase of 21%. For the fiscal year 2024, the cumulative Commodity coal production was 137.57 million tons, and sales were 284.78 million tons, representing increases of 2.5% and a slight decrease of 0.1%, respectively.
China Coal Energy Records Higher Coal Output, Sales in December 2024
China Coal Energy (601898.SH): In December, the sales volume of commodity coal was 28.37 million tons, a year-on-year increase of 21%.
On January 14, Gelonghui reported that China Coal Energy (601898.SH) announced the key production and Company Business Data for December, with Commodity coal sales of 28.37 million tons, a year-on-year increase of 21%.
In December, China's import volume of CSI Commodity Equity Index showed a mixed trend, with iron ore remaining at a high level, while the import volume of Coal and Soybean reached a record high for the year.
In December, the year-on-year increase in unrefined Copper and copper materials, integrated circuits, iron ore and its concentrates ranked first, while the decline in finished oil was the largest. The import volume of iron ore has remained above 0.1 billion tons for six consecutive months, and the import volume of Coal has remained above 45 million tons for the sixth consecutive month.
Jefferies Sticks to Their Buy Rating for China Coal Energy Co (CCOZF)
Express News | Today, 583 Hong Kong stocks were short-sold, with a total short-selling amount of 17.796 billion HKD.
Quick Look at the Hong Kong Market | The three major Indices have mixed movements, stocks in Biotechnology and Communication Equipment are rising, ZTE soared by 10%, and BEIGENE increased by over 5%.
Network Technology stocks fell, XIAOMI-W rose by 2.90%, NTES-S rose by 2.19%; most Coal Industrial Concept stocks declined, China Shenhua Energy fell by 3.18%, China Coal Energy fell by 1.69%; most Shipping and Ports stocks decreased, COSCO Shipping Holdings fell by 4.75%, OOIL fell by 3.14%;
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