Core Viewpoint - The coal sector experienced a significant rebound on February 4, with the coal ETF (515220) rising over 7% [1] Group 1: Industry Outlook - According to GF Securities, the growth rate of coal supply is expected to decline significantly by 2026 compared to previous periods, while demand is anticipated to be constrained in 2025, indicating substantial improvement potential for 2026 [1] - It is projected that the central price of coal will steadily recover, leading to improved industry profit expectations and highlighting the valuation and dividend yield advantages of the sector [1] Group 2: ETF and Dividend Yield - The coal ETF (515220) has a scale exceeding 9 billion yuan, tracking the CSI Coal Index (399998) [1] - The coal sector's dividend yield is notably high, with the tracked index showing a dividend yield of over 6% for the 12 months ending in 2025, making it an attractive investment in the context of declining risk-free interest rates [1]
煤炭板块迎来大反转，煤炭ETF（515220）大涨超7%
Mei Ri Jing Ji Xin Wen·2026-02-04 03:42