Guosen's 2025 strategy for the Coal industry: Adhere to high-yield stocks and layout for stable growth.
In the current environment of low interest rates and weakened cyclical attributes of the Coal Sector, the dividend attributes of the Coal Sector are highlighted, still possessing high allocation value.
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.
Express News | In 2024, the cumulative dividends of A-share listed companies reached 2.4 trillion yuan, with Industrial And Commercial Bank Of China ranking first with a dividend amount exceeding 100 billion.
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)...
Honk Kong stocks closed (12.31) | The Hang Seng Index rose by 0.09% to hold steady above the 20,000 mark, ending the "four consecutive declines" with a total annual increase of over 17%.
On the last trading day of the Large Cap, the three major Indexes showed a divergence in trends, with the Hang Seng Index continuing to firmly hold above the 20,000 mark, while the Hang Seng Tech Index showed weak performance.
Express News | Hong Kong stocks in the Coal Industrial Concept are strengthening, with JINMA ENERGY rising over 3%.
In "The Big Bank", CICC listed the top 15 Hong Kong stocks with the most Shareholding increase from the beginning of the year to the present (table).
CICC published a Global Capital Trend monitoring report, listing the fifteen Hong Kong stocks with the most increased Shareholding from southbound capital since the beginning of the year. Shareholding amount since the beginning of the year: Bank of China (03988.HK) │ 51.848 billion yuan China Construction Bank (00939.HK) │ 43.061 billion yuan China Mobile (00941.HK) │ 39.444 billion yuan Industrial and Commercial Bank of China (01398.HK) │ 31.573 billion yuan Xiaomi-W (01810.HK) │ 29.696 billion yuan Tencent (00700.HK) │ 21.395 billion yuan Agricultural Bank of China (01288.HK) │ 18.272 billion yuan China
A-shares fluctuate丨Coal Industrial Concept(coal Industry) continues to be active, Anyuan Coal Industry Group hits the limit up for three consecutive boards, China Shenhua Energy rises by 2%.
On December 30, Gelonghui reported that Anyuan Coal Industry Group hit the daily limit for the third consecutive time, while Shaanxi Coal Industry, China Coal Energy, and China Shenhua Energy rose by 2%. China Coal Xinji Energy, YANKUANG ENERGY, and Huaibei Mining Holdings increased by over 1%. According to Sealand's latest research report, looking ahead, coal prices are expected to stabilize and rebound due to improvements in supply and demand. From a broader perspective, the investment logic in the sector remains unchanged. It is expected that the coal industry will continue to maintain a tight balance in the coming years, with high asset quality in the coal industry, abundant cash flow on the books, and coal listed companies continuing to exhibit the characteristics of "high profitability, high cash flow, high barriers, high dividends, and high safety margins." It is recommended to take advantage of the low-position coal sector.
Institutional perspective: Pay attention to the market cap management and allocation opportunities of state-owned enterprises.
The State-owned Assets Supervision and Administration Commission strengthens guidance on the Market Cap management work of central enterprises, and Market Cap management is included in the performance evaluation of the heads of central state-owned enterprises.
Express News | Sealand: It is recommended to grasp the value attributes of the coal sector at low levels, maintaining a 'recommend' rating for the Coal Mining industry.
China Shenhua Energy Gets Inner Mongolia's Approval for Railway Project
Express News | China Shenhua Energy: The subsidiary has obtained approval for the Dongsheng East to Taigemiao Railroads project.
A-shares in the Coal Industrial Concept generally rose, with China Shenhua Energy increasing by over 2%.
On December 25, according to Gelonghui, the coal industrial concept stocks in the A-share market saw widespread gains. Among them, Yunnan Yunwei reached the daily limit, Yunnan Coal & Energy rose by over 4%, China Coal Xinji Energy, Zhengzhou Coal Industry & Electric Power, China Shenhua Energy, and China Coal Energy increased by over 2%. Anyuan Coal Industry Group, YANKUANG ENERGY, Beijing Haohua Energy Resource, Inner Mongolia Dian Tou Energy Corporation, Inner Mongolia Dian Tou Energy Corporation, Shaanxi Coal Industry, Jinneng Holding Shanxi Coal Industry, Gansu Energy Chemical, and Shanxi Lu’an Environmental Energy Dev.Co.,Ltd rose by over 1%.
Express News | The State-owned Assets Supervision and Administration Commission: Establish a solid scientific Market Cap management concept to better maintain Capital Markets stability.
Nomura lists the list of Chinese stocks that are expected to "continue to outperform" (table).
Nomura published a report on the Asia (excluding Japan) stock market, listing Chinese stocks that are "Consistent Outperformers," with criteria including a listing period of at least six years, daily average trading volume exceeding 0.5 million USD, relative performance superior to the benchmark since 2015/listing date, and a market cap exceeding 0.5 billion USD.
China Shenhua Energy Appoints New Executive Director
China Shenhua Energy (01088.HK) appointed Zhang Changyan as a member of the Global Strategy and Investment Committee, as well as a member and chairman of the Safety, Health, Eco-friendly Concept, and ESG Working Committee.
On December 20th, Gelonghui announced that China Shenhua Energy (01088.HK) has resolved to appoint Zhang Changyan as a member of the Global Strategy and Investment Committee, and as a member and chairman of the Safety, Health, Eco-friendly Concept, and ESG Working Committee. The term for the aforementioned committee member and chairman shall begin from the date of the Board of Directors' approval until the expiration of the sixth Board of Directors' term. Lv Zhiyuan will no longer serve as a member and chairman of the Board of Directors' Safety, Health, Eco-friendly Concept, and ESG Working Committee.
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%;
Coal Industrial Concept stocks are generally declining, China Coal Energy (01898) fell by 5.64%. Institutions indicate that at the current time, the high inventory of Thermal Coal still puts pressure on coal prices.
Jinwu Financial News | Coal Industrial Concept(coal Industry) stocks broadly declined, with SOUTHGOBI (01878) falling 8.5%, HIDILI INDUSTRY (01393) down 7.58%, CHINA QINFA (00866) dropping 5.93%, China Coal Energy (01898) down 5.64%, China Shenhua Energy (01088) falling 3.77%, MONGOL MINING (00975) down 3.66%, SHOUGANG RES (00639) declining 3.15%, YANKUANG ENERGY (01171) down 2.91%, and YANCOAL AUS (03668) falling 2.67%. Sealand stated that at this current point in time, with high inventory of Thermal Coal, the coal price still...
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;