Chinese Stocks Higher, Coal Miners Gain as Shortages Ease -- Market Talk
Chinese Stocks Higher, Coal Miners Gain as Shortages Ease -- Market Talk
0159 GMT - Chinese stocks are higher in early trade on gains by coal miners as shortages of the fossil fuel ease. Despite a cold wave in China impacting production, coal inventories are higher with daily output at 11.825 million tons, China's National Development and Reform Commission said late Wednesday. It says that coal supply for power generation can now last 21 days. Yanzhou Coal Mining rises 1.2%, China Coal Energy gains 0.2% and Shanxi Coking Coal Energy adds 0.4%. The Shanghai Composite Index climbs 0.5% to 3509.03, the Shenzhen Composite Index gains 0.7% to 2446.05. The ChiNext Price Index is 1.1% higher at 3436.95. (yongchang.chin@wsj.com)
0159GMT-随着化石燃料短缺的缓解，中国股市在早盘交易中走高，原因是煤矿股上涨。中国国家发展和改革委员会周三晚些时候表示，尽管中国寒潮影响了生产，但煤炭库存较高，日产量为1,182.5万吨。它说，用于发电的煤炭供应现在可以持续21天。兖州煤业上涨1.2%，中煤能源上涨0.2%，山西焦煤能源上涨0.4%。上证综合指数攀升0.5%，至3509.03点，深证综指上涨0.7%，至2446.05点。创业板价格指数上涨1.1%，至3436.95点。(yongchang.chin@wsj.com)