Core Viewpoint - The coal sector continues to experience an upward trend, driven by tightening supply-side conditions and improving coal price sentiment, with expectations for a better supply-demand balance in the coming years [1] Group 1: Stock Performance - China Coal Energy (01898) increased by 6.39%, reaching HKD 10.99 - Yanzhou Coal Mining (01171) rose by 3.28%, reaching HKD 11.34 - China Shenhua Energy (01088) saw a 2.36% increase, reaching HKD 40.76 - Yancoal Australia (03668) gained 1.27%, reaching HKD 28.74 [1] Group 2: Industry Analysis - According to a report from Founder Securities, the introduction of production exceeding capacity documents has significantly impacted coal price sentiment, indicating a shift from oversupply to a more balanced supply-demand scenario [1] - The coal industry is expected to see improved demand due to high consumption levels during the summer of 2025, with potential restrictions on imported coal as "anti-involution" policies are gradually implemented [1] Group 3: Profit Outlook - Guosen Securities noted that while coal prices have been declining and profits for coal companies have been under pressure in early 2024, a rebound in coal prices is anticipated in the second half of 2025, which could lead to improved profitability for coal enterprises [1] - The fourth quarter is expected to show upward price elasticity for coal, with the coal sector's performance anticipated to rebound significantly compared to other sectors [1]
港股异动 | 煤炭股延续近期上涨 煤炭行业供给侧持续收紧 机构称四季度煤价具备向上弹性
智通财经网·2025-10-16 01:53