Core Viewpoint - The coal sector in Hong Kong has seen a general increase in stock prices, driven by a recovery in Mongolian coal imports and a supportive supply-demand balance for coking coal [1][2]. Group 1: Market Performance - Coal stocks in Hong Kong experienced widespread gains, with Yanzhou Coal Mining rising by 4%, South Gobi and Green Leader Holdings increasing by 2.5%, and other companies like Yancoal Australia and Shougang Resources also seeing gains of over 2% [1][2]. - Specific stock price movements include Yanzhou Coal at 10.970 with a 3.98% increase, South Gobi at 2.450 with a 2.51% increase, and Green Leader Holdings at 0.083 with a 2.47% increase [2]. Group 2: Industry Insights - According to Zheshang Securities, the third quarter saw a rebound in Mongolian coal imports, which, along with a recovery in supply chain trade profits, indicates a potential for profit restoration in Mongolian coal trading enterprises [1]. - The report suggests that if the coal industry continues to enforce production checks, the tight supply-demand balance for coking coal may support prices [1]. - Zhongtai Securities noted that despite short-term pressures from poor mid-year performance and the tech sector's influence, there are new investment opportunities emerging in the coal sector, recommending active positioning to capitalize on these opportunities [1].

Core Viewpoint - Hong Kong coal stocks experienced a notable increase in share prices on October 14, with several companies showing significant gains [1] Company Performance - Yanzhou Coal Mining Company (兖矿能源) saw a rise of 3.98%, reaching HKD 10.97 [1] - Yancoal Australia (兖煤澳大利亚) increased by 3.09%, trading at HKD 28 [1] - China Coal Energy Company (中煤能源) rose by 2%, with shares priced at HKD 10.19 [1] - China Shenhua Energy Company (中国神华) experienced a gain of 1.68%, with shares at HKD 40.06 [1]

Core Viewpoint - Coal stocks experienced a rise, driven by expectations of improved coal supply and demand fundamentals, as well as potential upward price elasticity for both thermal and coking coal [1] Group 1: Stock Performance - Yanzhou Coal Mining Company (01171) increased by 3.98%, reaching HKD 10.97 [1] - Yancoal Australia (03668) rose by 3.09%, priced at HKD 28 [1] - China Coal Energy (01898) saw a 2% increase, trading at HKD 10.19 [1] - China Shenhua Energy (01088) gained 1.68%, with a price of HKD 40.06 [1] Group 2: Market Insights - The State-owned Assets Supervision and Administration Commission (SASAC) held a meeting on September 25, focusing on stabilizing electricity and coal prices and preventing excessive competition [1] - Current prices for thermal and coking coal remain at historical lows, indicating potential for a rebound [1] - Supply-side policies aimed at reducing overproduction are expected to lead to a contraction in output, while demand is anticipated to recover during the peak season of September and October [1] Group 3: Trade and Market Sentiment - Guotai Junan Securities noted that renewed tensions in US-China trade relations could significantly impact A-share market sentiment [1] - The firm suggests that the resurgence of trade conflicts may intensify the demand for defensive dividend attributes and coal stocks with clear fundamental turning points [1]

Core Viewpoint - The coal stocks in Hong Kong have generally risen, driven by a recovery in Mongolian coal imports and a supportive supply-demand balance for coking coal, as highlighted by recent research reports from securities firms [1]. Group 1: Market Performance - Yanzhou Coal Mining Company (兖矿能源) increased by 4% to a price of 10.970 [1] - South Gobi Resources (南戈壁) rose by 2.5% to 2.450 [1] - Green Leader Holdings (绿领控股) saw a 2.5% increase, reaching 0.083 [1] - Yancoal Australia (兖煤澳大利亚) gained over 2%, with a price of 27.800 [1] - Shougang Resources (首钢资源) increased by 2.11% to 2.910 [1] - China Coal Energy (中煤能源) rose by 1.7% to 10.160 [1] - China Shenhua Energy (中国神华) saw an increase of over 1% to 39.980 [1] Group 2: Industry Insights - Zheshang Securities reported that the third quarter saw a rebound in Mongolian coal imports, with supply chain trade profits also recovering due to price rebounds [1] - The domestic environment of "anti-involution" is maintaining high iron and steel production levels, which, along with ongoing efforts to curb overproduction in the coal industry, is expected to support coking coal prices [1] - Zhongtai Securities noted that despite short-term pressures from poor mid-year performance and the impact of technology sector trends, new investment opportunities in the coal sector are emerging, suggesting active positioning to capitalize on coal investment opportunities [1]

Core Viewpoint - Coal stocks have shown a significant increase, driven by expectations of improved supply and demand dynamics in the coal market following recent government discussions on stabilizing coal prices and preventing excessive competition [1] Group 1: Stock Performance - Yanzhou Coal Mining Company (01171) rose by 3.98%, trading at HKD 10.97 [1] - Yancoal Australia (03668) increased by 3.09%, trading at HKD 28 [1] - China Coal Energy (01898) saw a 2% rise, trading at HKD 10.19 [1] - China Shenhua Energy (01088) gained 1.68%, trading at HKD 40.06 [1] Group 2: Market Dynamics - The State-owned Assets Supervision and Administration Commission (SASAC) held a meeting on September 25, focusing on stabilizing electricity and coal prices and preventing "involution" competition [1] - Current prices for thermal coal and coking coal are at historical lows, indicating potential for price rebounds [1] - Supply-side policies aimed at curbing overproduction are expected to reduce output, while demand is anticipated to recover during the peak season of September and October [1] Group 3: Investment Sentiment - Guotai Junan Securities noted that renewed trade tensions between China and the U.S. could significantly impact market sentiment, leading to a shift in investment styles [1] - The attractiveness of coal stocks is expected to increase due to their defensive dividend characteristics and the evident turning point in their fundamentals [1]

资金流向方面，主力资金净流出555.07万元，特大单买入613.94万元，占比5.01%，卖出709.95万元，占 比5.79%；大单买入2338.58万元，占比19.08%，卖出2797.64万元，占比22.83%。 10月14日，中煤能源盘中上涨2.01%，截至10:04，报12.16元/股，成交1.23亿元，换手率0.11%，总市值 1612.25亿元。 中煤能源今年以来股价涨2.00%，近5个交易日涨6.76%，近20日涨8.38%，近60日涨9.93%。 资料显示，中国中煤能源股份有限公司位于北京市朝阳区黄寺大街1号，成立日期2006年8月22日，上市 日期2008年2月1日，公司主营业务涉及煤炭业务、煤化工业务及煤矿装备制造业务等。主营业务收入构 成为：煤炭业务81.03%，煤化工业务12.48%，煤矿装备业务6.24%，其他业务6.00%，金融业务1.57%， 其他(补充)0.63%。 分红方面，中煤能源A股上市后累计派现428.73亿元。近三年，累计派现191.85亿元。 机构持仓方面，截止2025年6月30日，中煤能源十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股6618.5 ...

Core Viewpoint - The Hong Kong Dividend Low Volatility ETF (520890) has experienced a significant decrease in both share count and total assets in 2024, indicating potential challenges in attracting investment [1][2]. Group 1: Fund Overview - The Hong Kong Dividend Low Volatility ETF (520890) was established on September 4, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of October 10, 2024, the fund had a total of 70.08 million shares and a total size of 98.15 million yuan, down from 123 million shares and 146 million yuan at the end of 2024, representing a 43.09% decrease in shares and a 32.92% decrease in size year-to-date [1]. Group 2: Liquidity and Trading Activity - Over the last 20 trading days, the ETF has accumulated a total trading amount of 688 million yuan, with an average daily trading amount of 34.41 million yuan [1]. - Year-to-date, the ETF has seen a total trading amount of 2.643 billion yuan over 186 trading days, averaging 14.21 million yuan per day [1]. Group 3: Fund Performance and Holdings - The current fund manager, Li Qian, has managed the ETF since its inception, achieving a return of 40.20% during her tenure [2]. - The ETF's top holdings include Shougang Resources (3.83%), Far East Horizon (3.69%), Chongqing Rural Commercial Bank (3.27%), and others, with the total holdings reflecting a diversified portfolio [2].

格隆汇10月13日丨中煤能源(01898.HK)公布，本公司将于2025年10月27日（星期一）举行董事会会议， 藉以审议及批准（其中包括）本集团（包括本公司及附属公司）截至2025年9月30日止九个月的季度业 绩等事宜。 ...

格隆汇10月13日丨中煤能源(01898.HK)公布，本公司将于2025年10月27日（星期一）举行董事会会议， 藉以审议及批准（其中包括）本集团（包括本公司及附属公司）截至2025年9月30日止九个月的季度业 绩等事宜。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通知的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通知全部或任何部份內容 而產生或因依賴該等內容而引致的任何損失承擔任何責任。 承董事會命 中國中煤能源股份有限公司 董事長、執行董事 王樹東 中國北京 2025 年 10 月 13 日 於本通知刊發日期，本公司的執行董事為王樹東、廖華軍和趙榮哲；非執行董事 為徐倩；獨立非執行董事為景奉儒、詹豔景和黃江天。 * 僅供識別 董事會會議通知 中國中煤能源股份有限公司（「本公司」）董事會（「董事會」）謹此公佈，本 公司將於二零二五年十月二十七日（星期一）舉行董事會會議，藉以審議及批准 （其中包括）本集團（包括本公司及附屬公司）截至二零二五年九月三十日止九 個月之季度業績等事宜。 ...